Chinese win first overseas regional jet order

The announcement, which is set to be made on the opening day of the Zhuhai air show, confirms China's commitment to the ARJ21 70-seater aircraft and its determination to challenge more established participants in the regional aircraft market, such as Bombardier of Canada and Embraer of Brazil.

GE's leasing unit, GECAS, is set to buy 25 ARJ21 aircraft, at an estimated cost of $30m each.

However, GE is already a supplier of engines for the ARJ21, and the US company said that the new aircraft would be earmarked for leasing to Chinese air- lines rather than foreign carriers.

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