Wednesday, January 20, 2016

Airbus Flys Over Boeing

Both headed to China!

"Airbus tops Boeing in jet orders, but both face China risk" by Angela Charlton Associated Press  January 12, 2016

PARIS — Airbus overcame technical toilet troubles and engine delays to win hundreds more plane orders in 2015 than rival Boeing, but a bigger problem may cloud this year for both companies: China’s economic slowdown. 



Concerns about China’s plunging financial markets and slowing growth are rippling throughout Asia, where a growing middle class has driven demand for new airplanes in recent years. Chicago-based Boeing reached a deal last year to build an assembly plant in China, as the US company tries to match Airbus’s presence in the world’s second-largest economy. 

As they shook down Seattle and Washington state (I gue$$ the joke is on you)

Airbus executives remain upbeat about the overall aviation industry despite signs that aircraft demand is slowing. Industry association IATA recently lowered its long-term air traffic forecast and warned that low oil prices have hurt prospects in key emerging markets such as Russia and Brazil.

Aren't those good for airlines

What is with the change of course?

Airbus is ramping up production in 2016, especially of the new A350 wide-body, to keep up with the pace of orders — and to try to catch up with Boeing’s dominance in aircraft deliveries.

They are flying this way, then that way. 


Airbus chief executive Fabrice Bregier largely shrugged off the recent market turmoil on Tuesday. Bregier predicted that new US visa policies would boost Chinese air travel, and that Asian middle-class demand would continue to grow....

What does he think of the Pats chances this weekend?