State of the Airlines

Monday, December 05, 2005

NEWS: Airbus is All About China

Airbus just landed a $10 billion order for 150 narrow body jets (A320 family). It follows deals China made earlier in the year for 70 Boeing narrow body jets (737) and up to 60 of the yet to be built 787. What may be even more interesting are the other opportunities being handed to China by Airbus and France as a whole. The competition for aircraft sales to China has moved way beyond aircraft price and services. Click Read More!

A Reuters article lists some of the recent business deals between Airbus/France and China. Folks there's a lot of "business" being done here. They include:

Airbus will consider expanding its assembly lines by building a site in China to build narrow body jets.

Airbus has offered China a 5 percent share of the fuselage work for the yet to be built A350 aircraft on a risk-sharing basis.

An agreement with Airbus's sister company Eurocopter to co-develop a heavy lift helicopter for the world market.

Bilateral agreements with France, China for construction of its high-speed Shitai railway link.

China ordered a satellite from telecoms equipment maker Alcatel Alenia Space

Like I said, there's a lot of "business" going on here.

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