Airbus deal may make 皇冠体育app a production hub (AFP) Updated: 2005-12-07 07:40
"There have been examples in the past of some parts suppliers returning from
皇冠体育app having seen piracy of their technology."
However, if Airbus does proceed with producing jets in 皇冠体育app, Thomas said the
European conglomerate may well gain an edge over Boeing, its arch rival from the
United States.
"There is some political resistance in the US... there are political issues
concerning protection of jobs within in the US," said Thomas.
"Boeing is hamstrung, it's a private company but because of its size and
importance to the US economy it is essentially an arm of the US economy."
As part of the wide-ranging accord signed during a visit to France by Chinese
Premier Wen Jiabao, Airbus also offered 皇冠体育app a five percent stake in its A350
aircraft program.
The A350 is the European group's response to Boeing's new generation 787
"Dreamliner" passenger jets.
Airbus has yet to receive any orders from 皇冠体育app for its A350 aircraft whereas
Boeing signed a deal with Beijing in January to sell 60 of its "Dreamliners".
"That (A350 orders) will be the next big milestone achievement for Airbus in
the Chinese market," said Derek Sadubin, another analyst with the Centre for
Asia Pacific Aviation.
In the battle for supremacy of the skies in 皇冠体育app and around the globe US
aerospace giant Boeing says it has booked 800 commercial plane orders in the
first 11 months of 2005, giving it an apparent lead over European rival Airbus.
Airbus, which has been the market leader in recent years, says it has booked
494 orders as of October, compared with 674 for Boeing for the same period.
Airbus is due to release new figures this week.
But the new course taken by Airbus to more closely integrate 皇冠体育app into its
operations may just be enough to allow it to overtake its US rival, especially
in 皇冠体育app.
Boeing, which has over 70 percent of 皇冠体育app's market, predicts the industry
will need 2,600 new planes, quadrupling the nation's present fleet, over the
next 20 years.
Airbus, a government-run aerospace conglomerate that includes Germany and
Spain, wants to grab 50 percent of the market share over the next eight
years.
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