In aviation, China is using the lure of being the world's largest market for commercial aircraft to leverage an increasing amount of subcontract work from both Boeing and Airbus.
Quotes about airbus (16 Quotes)
It is the 20th anniversary of the successful co-operation of Airbus with China's aviation industry, with the first Airbus aircraft delivered to China Eastern Airlines in 1985.
If it happens, this is a huge deal. It would be unprecedented for either Airbus or Boeing to have a production line in another country. It's an attempt to buy market share and keep Boeing from selling further to China.
Does this mean that Boeing will lose business to Airbus If the strike does not last more than three months, that would be unlikely.
These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
Carbon brakes offer the same stopping performance as steel brakes but with the added benefit of a significant weight savings, which ultimately increases fuel efficiency. Next-Generation 737s are already lighter than competing Airbus models. This structural efficiency is a fundamental reason why Next-Generation 737s fly farther, higher and with better fuel efficiency than the competition.
It's very difficult to see how China can decrease its trade surplus in the short term. China is very self- sufficient in terms of consumer goods and electronics and while they can buy more Boeing and Airbus jets, they are already doing that and still recording a surplus.
It's a good move for Airbus because we don't have enough space in Beijing now and China Eastern is the first operator of many Airbus aircraft types and has the largest fleet of A300, A310 and A340 aircraft in China.
The worry with this is that 50 percent of its revenue is coming from Airbus, and the commercial airline business has never made a lot of money for anyone.
During the past 30 years, European governments have provided more than $15 billion in the form of low- and no-cost loans to Airbus for the specific purpose of developing new aircraft lines.
The restructuring of the business in this way will enable Airbus to deliver still higher levels of performance to customers and shareholders,
Without them (the China order), Airbus would have come in at the 905 planes (net) estimated by analysts and industry observers.
Boeing has all the blue chip orders. Airbus only has 100 orders for the A350.
Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies.
We now fly with an airbus, which has 210 seats, six times the week to Palma to the spider of the air Berlin.
Airbus had a splendid year in 1999 in achieving record new airplane orders, no doubt about it, ... At the same time, you have to remember that Boeing has an incredibly strong backlog of business -- nearly 1,500 airplanes. They should be able to the deliver the majority of new airplanes in the future.