Business Services Industry
CHINA: AIRBUS STILL FAVORS CHINESE MARKET.
IPR Strategic Business Information Database, February, 2007
According to fdi.gov.cn: Recently, Airbus Co. held a news conference in Beijing. The latest report of Global Market Forecast from Airbus claimed that Airbus had still favored Chinese market. Lei Yi, COO of customer affairs of Airbus, believed that in the next 20 years Chinese Mainland would need 3000 more airplanes.
The demand for passenger planes is only after that of America, ranking the second across the world. Lei Yi revealed that the market share of Airbus planes in the existing domestic airplanes was continuously increasing, from 7% in 1995 to the current 35%.
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