Airbus Delivers 1st China-Made Plane, to Raise Output

[Coventina]

Source: Bloomberg

June 23 (Bloomberg) -- Airbus SAS, the world’s largest commercial planemaker, rolled out the first aircraft assembled at its China factory as it seeks to win more orders in the world’s second-largest aviation market.

The planemaker aims to deliver 10 more A320s this year from its factory in Tianjin, near Beijing, it said in a statement today. Production at the plant, Airbus’s first outside Europe, will be raised to four aircraft a month by the end of 2011.

Airbus is competing with Boeing Co. to grab orders in China as it seeks sales in emerging markets to help offset slumping demand in the U.S. and Europe. China will probably need 3,238 passenger planes valued at $391.2 billion from 2007 to 2026, according to the Toulouse, France-based planemaker.

“A factory in China is a plus for Airbus, but lower prices are still critical to get new orders in the future,” said Li Lei, an analyst at China Securities Co. in Beijing. “The narrow-body A320 is catering to the rising domestic air travel market.”



Read more: http://www.bloomberg.com/apps/news?pid=20601100&sid=aHC23KowSoA4

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*sigh*

[Buzz Clik]

1. I sure hope it functions better than the Chinese bicycle that my kid bought at Walmart.

Six bolts rusting completely off of a bicycle rates as a pain in the butt. That sort of awful quality in airplanes fits a different category altogether.

[hayu_lol]

2. Since it's an Airbus, I wonder if it comes with...

a spare tail?

[Buzz Clik]

3. Ouch.

[notadmblnd]

4. well if the airplanes coming out of China are like the rest of their products

we can expect to read about the number of bodies recovered, soon.

[Hotler]

5. What is the average wage there at Airbus???

Another corporation that thinks no worker is worth more than a buck a day. Fuck all the CEO's at Airbus. When will corporations start hiring CEO's for ten bucks a day?

[Pavulon]

6. Not until they fix quality...

they make garbage. I have never seen a product from china that did not exist because labor was cheaper there to produce it. Well other than art. Manufacturing, not so much.