Airbus and Boeing face the blowtorch in China as aircraft orders likely to be cancelled
President-elect Obama is surely already booking Air Force One for a Beijing trip. Among the many issues facing the two governments including the global economy, he will be working hard in Beijing to support Boeing's future and to offset the inevitable impending visits by President Sarkozy and Chancellor Merkel, who will have Airbus' interests closer to their hearts. [913 words]
Unlock the following content in this report:
- The commercial and political imperatives
- A long order list
- The spinoff. Accelerating China's large aircraft manufacturing?
Graphs and data:
- Chinese Mainland carriers' passenger numbers growth in 2008
- Chinese carriers' profit margins: 3Q08 and YTD3Q08
- Chinese Major carriers share price comparison: index 28-Jul-07 = 1
- Current Chinese airline fleets (Boeing and Airbus): at 10-Dec-08
- Aircraft deliveries scheduled for 2009: at 10-Dec-08
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