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China May Buy 70 or More Airbus Planes
Bank Of America Investment By Randy Chen
Wenis expected to also look at ordering civilian helicoptors and aerospace equipment for China's space program later today. A Chinese order for 150 Airbus planes could be worth $9 billion to the French airplane manufacturer, which would put Airbus ahead of Boeing this year. China had already bought 70 airplanes from Boeing earlier, though the Asian nation is prone to diversify its resources. A Chinese order of that magnitude could include some assembly work of the Airbus planes in China, a strong consideration forWen and his trade representatives.
Investment Opportunity (AXcess News) Hong Kong - Chinese Premiere Wen Jiabao is in France with a group of Chinese trade representatives to discuss the purchase of 70 or more Airbus A320 airplanesin his first stop of an 11-day trip in Europe and Malaysia to discuss foregn trade and technology acquisitions.
(AXcess News) day trip in Europe and Malaysia to discuss foregn trade and technology acquisitions. Zhang Xiaoqiang, chairman of China's State Development and Reform Commission, who is accompanying the Premiere, has signed an agreement with Airbus over the assembly of Airbus planes in China, though details of the industrial pact signed by Airbus' Gustav Humbert were not revealed.
Banc Of America Investment Zhang Xiaoqiang, vice-chairman of China's State Development and Reform Commission, who is accompanying the Premiere, has signed an agreement with Airbus over the assembly of Airbus planes in China, though details of the industrial pact signed by Airbus' Gustav Humbert were not revealed.
Airbussaid yesterday after Wen's visit that it might open a factory in China for assembling A320 planes. Air China and the country's six airline groups may need 1, 790 planes valued at $230 billion by 2023, Airbus estimates.
Banking Investment Bloomberg and Reuters both reported that Airbus may have agreed to sell as many as 150 airplanes to China, though exact figures were not available and both publishers had speculated on on the size of the airplane deal.
When recovered from the Black Sea bottom, building concern Airbus, the owner of the company that operated the lost plane, Mikhail Bagdasarov, has told the media.
Investment Solution Strategic Wenis expected to also look at ordering civilian helicoptors and aerospace equipment for China's space program later today.
Flight by Voanews The world's largest passenger plane, 380, has completed its first test flight. If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. Membership is free. Print This Page April 27, 2005 (AXcess News) The world's largest passenger plane, 380, has completed its first test flight. Thousands watched as the plane took off Wednesday, from an airport near Airbus headquarters outside the southern French city of Toulouse, then landed safely nearly four hours later.
Investment Banking Services A Chinese order for 150 Airbus planes could be worth $9 billion to the French airplane manufacturer, which would put Airbus ahead of Boeing this year. China had already bought 70 airplanes from Boeing earlier, though the Asian nation is prone to diversify its resources.
Bank Investment A Chinese order of that magnitude could include some assembly work of the Airbus planes in China, a strong consideration forWen and his trade representatives.
Alternative Investment Airbussaid yesterday after Wen's visit that it might open a factory in China for assembling A320 planes. Air China and the country's six airline groups may need 1,790 planes valued at $230 billion by 2023, Airbus estimates.
Online Investment Services In a move to bolster its chances of a large airplane order, Airbus raised its procurement from Chinese subcontractors fourfold to $60 million by 2007 from last year, and to $120 million by 2010.
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