Alcoa and COMAC Explore Leading Technology Solutions for C919, China's Largest Passenger Aircraft

CRWENEWSWIRE Highlights:ALCOA INC (NYSE: AA)

Las Vegas, NV 10/29/2009 03:16 PM GMT (TransWorldNews)

NEW YORK & BEIJING (CRWENEWSWIRE) Oct.29,2009 Alcoa (NYSE:AA - News) and Commercial Aircraft Corporation of China Ltd. (COMAC) today announced they are jointly exploring leading technology solutions for the design and development of China’s new, large passenger jet, the C919. Through a technology cooperation agreement, the two companies are examining advanced aluminum structural concepts, designs and alloys to create the 190-seat aircraft.

“We are working closely with COMAC to develop a tailored solution that will meet COMAC’s goal of creating a globally competitive, high-performance, economical commercial airliner,” said Helmut Wieser, Alcoa Executive Vice-President and Group President Global Rolled Products and Asia.

The aircraft will be assembled in Shanghai, but will source parts and components globally.

“The C919 will be the largest passenger jet to be produced in China. Our goal is to design an efficient, high-performance structure that will compete in the global aerospace market. Therefore, it is imperative that we look at design alternatives and collaborate with innovative materials technology leaders like Alcoa,” said Wu Guanghui, chief designer of the C919 program and vice president of COMAC.

A prototype of the C919 was displayed at the Asian Aerospace International Expo and Congress in Hong Kong last month. There is strong market interest for this aircraft based on China’s expected long term growth in global passenger traffic demand. The C919 is expected to take its first flight in 2014 and enter service in 2016.

Alcoa has 15 locations throughout China. Offices and plants are located in Beijing, Shanghai, Qinhuangdao, Kunshan, Suzhou, Guangzhou and Hong Kong. Alcoa’s advanced alloys and materials are used on China’s first home-produced regional jet, the ARJ21-700.

About Alcoa

Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The Company has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland and has been a member of the Dow Jones Sustainability Index for eight consecutive years. Alcoa employs approximately 63,000 people in 31 countries across the world.

Contact:

Alcoa Inc.
Editorial Contacts:
Mike E. Belwood, 812-604-0530
or
Kevin G. Lowery, 412-553-1424
or
Investor Relations:
Matthew Garth, 212-836-2674

Source: Alcoa Inc

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