Shanghai (AFP) April 7, 2011
Airbus expects to sell more A380 aircraft in China in the coming years, despite only one Chinese carrier ordering the superjumbo so far, the plane maker's China president said Thursday.
Laurence Barron told an industry forum in Shanghai that China was expected to account for a fifth of the Toulouse, France-based company's global sales this year.
"We're pretty confident in the coming years we'll sell more A380s in China," he told reporters. "We certainly don't have to wait 10 years" for demand for A380s to pick up in China.
China Southern Airlines, the country's biggest carrier by fleet size, has ordered five A380s, the first of which are slated to be delivered in the third quarter, Barron said.
But other Chinese carriers have been slow to warm to the double-decker plane, he added.
The A380 is the world's largest passenger jet with capacity for up to 853 passengers and entered into service in 2007, breaking US rival Boeing's more than three decades of dominance of the jumbo jet market with the 747.
In March, Boeing got a boost when state-owned flag carrier Air China bought five of its new 747-8 Intercontinental jets, becoming the third airline to order the stretched passenger jumbo after Lufthansa and Korean Air.
Airbus has forecast that Asia will emerge as the world's biggest aircraft market by 2029, accounting for a third of worldwide deliveries as the region's growing middle class drives travel demand.
Within the next 20 years, Airbus expects China to become the second biggest aviation market in the world.
Airbus' goal is to gain half of the China market by 2012, compared with 39 percent market share in 2008 and up from seven percent in 1995.
China's air travel market is growing fast with a total of 267 million air passenger trips in 2010, up 15.8 percent from the previous year, according to official figures.
China plans to invest more than 1.5 trillion yuan ($230 billion) in its aviation industry over the next five years to meet surging demand, Li Jiaxiang, head of the Civil Aviation Administration of China, said in February.
The country aims to expand its aircraft fleet to more than 4,500 planes by 2015 from over 2,600 at present and increase its number of commercial airports to 220 from the current 175.
-- Dow Jones Newswires contributed to this report --
Share This Article With Planet Earth
Aerospace News at SpaceMart.com
Australia's Qantas to offload ageing Boeing 737s
Sydney (AFP) April 4, 2011
Australian carrier Qantas has decided to offload its ageing Boeing 737-400 planes, but the airline insisted Monday it was part of an overall fleet modernisation and not a "garage sale". News that 21 of its Boeing 737-400s would be on the market from this year comes less than a week after the airline said capacity and jobs would be slashed as it grapples with natural disasters and rising fuel ... read more
Putting Germanium Under Pressure|
Google to reorganize YouTube channels: report
Force Of Acoustical Waves Tapped For Metamaterials
Search For Advanced Materials Aided By Discovery Of Hidden Symmetries In Nature
Global Military Communications Market In 2010
Raytheon BBN Technologies To Protect Internet Comms For Military Abroad
Gilat Announces New Military Modem For Robust Tactical Satcom-On-The-Move
Advanced Emulation Accelerates Deployment Of Military Network Technologies
Arianespace Flight VA201: Interruption Of The Countdown
SpaceX Antes Up With Falcon Heavy
India's GSAT-8 Delivered To French Guiana
SpaceX unveils heavy launcher
Make Your Satnav Idea A Reality
GPS Study Shows Wolves More Reliant On A Cattle Diet
Galileo Labs: Better Positioning With Concept
Compact-Sized GLONASS/GPS Receiver
Google, Justice Department near deal on ITA: WSJ
Airbus expects A380 sales to rise in China
Australia's Qantas to offload ageing Boeing 737s
EADS expands in Canada, eyes U.S. market
Control The Cursor With Power Of Thought
Self-Cooling Observed In Graphene Electronics
Smarter Memory Device Holds Key To Greener Gadgets
Texas Instruments to buy National Semiconductor
Arctic Ice Gets A Check Up
Record Loss Of Ozone Over Arctic
Response To Japan's Disaster Relief Efforts
Earth Movements From Japan Earthquake Seen From Space
'Super Sherpa' on Everest cleaning climb
Wildlife still largely absent from red sludge area: WWF
Andes villagers have high lithium levels
Greece seeks to move toxic waste from ancient mining site
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement|