Business

Friday, December 26, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Business

Gulf Times

Qatar-France economic ties highlighted at Paris ceremony marking 10 years of Qadran

His Excellency ambassador of the State of Qatar to the French Republic, Sheikh Ali bin Jassim al-Thani, hosted a ceremony in Paris to mark the 10th anniversary of the Qatar-France Economic Association (Qadran). The event brought together members of the association, its partners and senior business figures from both countries, highlighting a decade of expanding economic co-operation built on mutual trust and shared interests. In his address, HE Sheikh Ali said Qadran, founded in 2015, was created to foster closer engagement between the Qatari and French business communities and to build partnerships based on mutual respect, trust and shared benefit. He noted that the association's work over the past decade had produced tangible results, ranging from successful commercial projects to initiatives focused on sustainability and environmental, social and governance standards. He also pointed to field visits to different regions of France as an important factor in broadening co-operation and opening new opportunities for joint ventures. Quoting French statesman Jean Monnet, a key architect of European unity, HE Sheikh Ali said: "Nothing is possible without people, and nothing is lasting without institutions," describing Qadran as a practical example of that principle. He stressed that current global economic challenges made close cooperation between partners more important than ever, adding that the Qatar-France experience through Qadran had shown the ability of both sides to pursue a shared path combining initiative, responsibility and innovation. He thanked the association's members and partners for their commitment, saying their engagement had been central to its success and expressing hope for further progress in the years ahead. Meanwhile, the association's president, Natalie Demol, and founding member Bruno Courtin said the anniversary reflected Qadran's success in building links between major companies and small and medium-sized enterprises in both countries. Senior executives from key strategic partners also addressed the gathering. Patrick Pouyanne, chief executive of TotalEnergies, and Arnaud Pieton, CEO of Technip Energies, underlined the importance of companies with a long-term vision in supporting the energy transition, developing joint projects and strengthening energy security, while promoting innovation and sustainable partnerships that serve the long-term interests of both countries. As part of the anniversary celebrations, Qadran organised a charity auction, with proceeds going to Autisme France. Organisers said the initiative reflected Qatar's support for humanitarian causes and research aimed at improving the lives of people with autism spectrum disorder, as well as co-operation with French institutions active in the field. The evening concluded with renewed commitment from Qadran's members to continue strengthening economic links between Qatar and France, with a focus on building partnerships grounded in shared values and contributing to the development of bilateral relations over the coming decade.

Comac C919 aircraft operated by China Eastern Airlines on the tarmac at Hongqiao International Airport in Shanghai. Comac is set to miss a revised delivery target for its marquee C919 single-aisle jet, dealing a blow to its global ambitions after trade war-induced headwinds helped hamper production.

China’s Comac on track to miss C919 delivery target by half

Commercial Aircraft Corp of China Ltd (Comac) is set to miss a revised delivery target for its marquee C919 single-aisle jet, dealing a blow to its global ambitions after trade war-induced headwinds helped hamper production.China’s answer to Airbus SE and Boeing Co had shipped just 13 of its flagship C919 aircraft in the year through December 22, data from aviation consultancy Cirium and Planespotters.net show. That matches the same number of C919s it handed airlines in 2024.Comac, as it’s known, slashed its annual delivery target to 25 aircraft from 75 earlier this year, Bloomberg has reported — but is still on track to fall well short. With just days left in 2025, the planemaker is set to miss even the revised goal by almost 50% — and the original target by more than 80% — barring a late surge in deliveries.Among expected recipients of the C919, China’s three largest carriers — Air China Ltd, China Southern Airlines Co and China Eastern Airlines Corp — planned to induct a combined 32 aircraft, according to their 2024 annual reports. So far, they’ve received a dozen, according to the data.Comac didn’t respond to a faxed request for comment on its total number of deliveries. Air China, China Southern and China Eastern didn’t reply to requests for comment.The potential miss comes as Comac last month received a boost from several state-owned shareholders, injecting 44bn yuan ($6.3bn) into the planemaker, according to data from Chinese corporate registry platform Tianyancha that was cited by local media. The cash would enable Comac to scale up and boost production.Comac said as recently as a supplier conference in March 2025 that it planned to raise capacity output next year to make 100 of the aircraft. That will be followed by 150 in both 2027 and 2028, and then 200 annually by 2029, the company said.But challenges this year hurt capacity, notably difficulties receiving a steady flow of parts for new aircraft — including engines from CFM International, a joint venture between GE Aerospace and France’s Safran SA, that were subjected to a US export ban. Comac depends on those engines for the C919, and also uses GE engines for its smaller C909 regional jet.The Chinese company is pressing ahead with efforts to sell its aircraft overseas, seeking to capitalise on strong global demand for new fuel-efficient jets priced below rivals from Airbus and Boeing, even as the lack of gold-standard airworthiness certification from US and European regulators continues to constrain sales.The push comes as the world’s two dominant planemakers have been hobbled by parts shortages and quality lapses, creating an opening for smaller players like Comac and Brazil’s Embraer.