Airbus sees China market share of 50 pct by 2013
SHANGHAI (AFX) - Airbus (Nachrichten/Aktienkurs) is expecting to narrow the gap with rival Boeing Co in the Chinese market within the next six years, with a targeted 50 pct market share by 2013, Airbus China marketing manager Richard Walker said. (Some) 30 pct of the aircraft flying in China now are Airbus aircraft and we aim to improve that to 50 pct by 2013,' Walker said at an industry conference in Shanghai. Walker said the company expects to source 60 mln usd worth of components in China in 2007 and that this was expected to rise to 120 mln usd by 2010. The company is now is now in the third phase of its A320 wing program in China and will be ready to build full wings in 2007, he said.
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