Airbus sees market share in China rising to 50% in 8 years
"Ten years ago, we only had 9 pct. Now we have 28 pct. An increase of three times in 10 years is not bad," said Laurence Barron, president of Airbus China.
"We're saying, we can get to 50 pct in eight years, but let's make it five to six years instead. How do we do that? We have to continue to do better."
He was speaking following a news conference on the sidelines of the Aviation Expo/China 2005 -- the 11th air expo held in the Chinese capital which this year attracted 175 exhibitors from 21 countries and regions, including the top global players.
That would mark a significant increase on the 44 Airbus planes delivered to the region last year.
The number of planes sold this year to the China region also rose significantly, Barron said.
Deliveries take one to three years after an order is placed.