Airbus to Source More from China – Joseph Chaney
Airbus plans to enhance its partnership with China by ordering millions of dollars worth of Chinese-made airline components.
The firm owned by EADS, which edged ahead of Boeing this year in the annual race to chalk up more sales, plans to buy as much as $400 million worth of parts from Chinese manufacturers by 2015, Airbus China President Laurence Barron told the Reuters China Century Summit. [Full Text]
See also China Daily reporter Lu Haoting’s interview with Laurence Barron on why Airbus has partnered with Chinese manufacturers.
[Image: Laurence Barron, Airbus China president, shakes hands with Feng Zhijiang (right), president of Tianjin Port Free Trade Zone and Tianjin Airport Industrial Park Administrative Committee. From ChinaDaily.]