Airbus in China

Published 9:00 pm Sunday, April 2, 2006

Airbus has narrowed its list of potential manufacturing sites in China to four cities, Shanghai Daily reports. http://www.shanghaidaily.com/art/2006/04/04/258364/Airbus_may_choose_Shanghai_as_site_for_aircraft_assembly.htm Airbus is studying potential sites and plans to decide by mid-year whether to open a single-aisle factory in China.

Key Quote: “Airbus may be able to produce as many as four single-aisle A320s a month in China by 2010 if the company goes ahead with the plan, said the company’s Chief Executive Officer Gustav Humbert said on February 22.”