Tag Archive: airbus china

  1. Airbus Determines China Represents Market With Biggest Growth Potential

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    By shimin [GFDL 1.2 or GFDL 1.2], via Wikimedia Commons

    Xi Jinping has big plans to further develop China into a global superpower, with the aviation industry being an important focus.

    Last year, the Chinese company Comac introduced its C919, designed to be a Boeing 737 and Airbus A320 competitor, however the country will still rely on Boeing and Airbus to meet demand.

    So much so in fact that Airbus has identified China as the market with the biggest growth potential moving forward.

    Airbus already has an A320 final assembly plant in China, with plans to construct a wide-body jet plant in the country in the near future.

    Analysts predict that the Chinese will purchase nearly $1 trillion in airplanes over the next 20 years, making it an extremely intriguing and potentially lucrative player in the aviation industry.

  2. China Aircraft Leasing Looking To Seal 100-Plane Order Deal From Airbus

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    Wikimedia Commons

    Wikimedia Commons

    Airbus and China Aircraft Leasing Group Holdings Ltd (CALG) have been going back and forth on a potential $9-11 billion order of about 100 A320 jetliners, French daily Le Figaro reported.

    The order from CALG would be a major step towards the leasing firm’s goal of building a a fleet of at least 100 jets by 2015.

    Add in the fact that Asia is the world’s fastest growing aviation market with approximately a 3 percent share, and it would appear CALG is taking some very calculated steps regarding the future of the firm.

    Currently, China’s 800-plane leasing market is controlled by the world’s biggest lessors, International Lease Finance Corp, now part of AerCap, and GECAS, a unit of General Electric.