Chinese Aviation Industry

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WASHINGTON, April 30 (Reuters) - A senior U.S. lawmaker has warned Ryanair (RYA.I), opens new tab against purchasing Chinese-made aircraft due to security concerns, following comments by the CEO of the low-cost Irish airline that he would consider buying Chinese jets at the right price, according to a letter seen by Reuters.
Ryanair responded to the letter by saying it would consider cancelling planes it has on order from Boeing if U.S. tariffs materially affect the price and look at alternatives, including Chinese planemaker COMAC.
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U.S. Representative Raja Krishnamoorthi, a Democrat from Illinois, said in the April 29 letter to Ryanair CEO Michael O'Leary that COMAC has close ties to the Chinese military and that evidence indicates it has benefited from the illicit acquisition of foreign intellectual property.
"Respectfully, U.S. and European airlines should not be even contemplating the future purchase of airplanes from Chinese military companies," said the letter from Krishnamoorthi, the top Democrat on the House Select Committee on the Chinese Communist Party.
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Last month, O'Leary told the publication Skift he would order aircraft from China if the price was right, echoing earlier signals that the Irish carrier would look for aircraft beyond Boeing (BA.N), opens new tab and European rival Airbus (AIR.PA)
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While it would take years for the C919 to be certified by Europe's aviation regulator, Krishnamoorthi said in the letter that COMAC is attempting to dominate the planemaking industry at the expense of Boeing and Airbus.
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