Subscribe free to our newsletters via your
. 24/7 Space News .




AEROSPACE
Airbus aims to dominate China market
by Staff Writers
Beijing (AFP) Sept 21, 2011


Airbus aims to have more than half the lucrative Chinese aviation market by the end of 2015, a senior executive said Wednesday, as the European giant seeks to close in on rival Boeing.

The European plane maker currently holds 46 percent of the booming Chinese sector -- a smaller share than Boeing -- but senior vice president Eric Chen said it was on target to overtake its American competitor.

"If you look at the number of firm orders for planes, I am more than confident we will soon reach more than 50 percent, it's our target... before the end of 2015," Chen told AFP at the China International Aviation Expo.

China recorded 267 million air passenger trips in 2010, up 15.8 percent from the previous year.

According to figures published by the state-owned aeronautics giant China Aviation Industry Corporation (AVIC) Wednesday, Chinese airlines will add 4,583 passenger aircraft to their fleets by 2030 -- a boon for planemakers worldwide.

The number of air passengers in China has grown on average 15.3 percent annually over the past decade -- around three times the world average for the same period, it said.

Airbus is in direct competition with Seattle-based Boeing, which announced two weeks ago it would look to maintain its current 51 to 52 percent share of the Chinese market.

However, the China-made C919 jet -- expected to come into service in 2016 -- is set to provide extra competition for Boeing and Airbus in the medium-range sector, which represents 70 percent of the market.

Meanwhile, Chen said the delivery of Airbus' first A380 to a Chinese airline -- China Southern Airlines -- would take place on October 15.

According to the Oriental Morning Post paper, the jumbo jet will make its inaugural commercial flight in China between Beijing and Guangzhou in the south on October 17, and will go between Beijing and Shanghai from October 27 to 29.

It will then be used on an unspecified international route.

Chen also pointed to another long-haul plane -- the A330. He said Airbus had already sold around 120 of these in China, and "before the end of 2015, we hope to sell up to 200 A330s, it's our target."

.


Related Links
Aerospace News at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








AEROSPACE
IATA ups 2011 airlines profit outlook, 2012 weak
Singapore (AFP) Sept 20, 2011
Airlines globally are expected to post a net profit of $6.9 billion this year as stronger passenger numbers offset the impact of the weak global economy, industry group IATA said Tuesday. The new forecast by the International Air Transport Association was better than its last projection of $4.0 billion, made in June, but is still far off the $16 billion airlines earned in 2010. And net p ... read more


AEROSPACE
United Launch Alliance Launches GRAIL Spacecrafts To Moon

NASA launches twin spacecraft to study Moon's core

Second bid to launch NASA's Moon-bound spacecraft

NASA to launch Moon-bound twin spacecraft

AEROSPACE
Young Clays on Mars Could Have Been Habitable Regions

Opportunity on verge of new discovery

Opportunity Studies Chester Lake Rock Outcrop

Opportunity Inspects Next Rock at Endeavour

AEROSPACE
Spaceship factory opens in California

What did we get from the US space program

NASA Announces Two Game-Changing Space Technology Projects

Iowa State chemists help astronauts make sure their drinking water is clean

AEROSPACE
Tiangong-1 launch will pave way for China's first space station

China to launch unmanned space module by Sept 30

China to launch space station's first module

China launches new communication satellite

AEROSPACE
Private US capsule not to dock with ISS

Crew safely returns to Earth after crash

Russia postpones next manned launch to ISS

Russia announces launch of 2 spacecraft in Oct-Nov

AEROSPACE
Countdown to first Soyuz launch at Kourou under way

Ariane rocket launches satellites after strike delay

Double prime for Astrium on next Ariane launch

Strike delays Ariane-5 launch: official

AEROSPACE
Rocky Planets Could Have Been Born as Gas Giants

How Common Are Earth-Moon Planetary Systems

From Star Wars to Science Fact: Tatooine-Like Planet Discovered

Astronomers confirm first planet orbiting two stars

AEROSPACE
Maxwell Technologies launch UK division to target European space market

Did chemical reactions cause Twin Towers collapse?

Apple to unveil iPhone 5 on October 4: report

Saab wins U.S. Navy radar contract




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement