50 SKY SHADES - World aviation news

Airbus CEO Doesn't Expect China Slowdown to Hit Aircraft Orders

Download: Printable PDF Date: 15 Sep 2015 03:55 (UTC) category:
Publisher:
Airbus CEO Doesn't Expect China Slowdown to Hit Aircraft Orders - Manufacturer publisher
Tatjana Obrazcova
Source: Reuters

Airbus Group SA doesn't anticipate taking a hit to aircraft orders from the economic slowdown in China, Chief Executive Tom Enders said on Monday, as Airbus opened its first jetliner factory on U.S. soil.

"Obviously we watch our markets with great interest," Enders said in an interview at a ribbon cutting ceremony for the US$600 million plant in Mobile, Alabama. "But at this point I have no reason to believe that the Chinese market is breaking down or anything like that."

Enders also said the Toulouse, France-based company is "happy with the current euro-dollar relationship" and has no plans to change its foreign-exchange hedging strategy.





Recommended

Daher Aircraft is ranked No. 1 in Pro Pilot magazine’s Product Support Survey for the sixth consecutive year

Daher Aircraft has reaffirmed its leadership in turboprop aviation, securing the No. 1 position for the sixth consecutive year in Professional Pilot magazine’s Product Support Survey. In the 202...

Vista House makes exclusive Asia debut amid Formula 1 Singapore Grand Prix excitement

Vista is set to debut its signature hospitality concept, Vista House, in Singapore, elevating one of Asia’s most anticipated sporting weekends with a refined, members‑only experience. Conceived...

Lufthansa Technik and Emirates extend A380 base maintenance services

Lufthansa Technik and Emirates have reinforced their long‑standing strategic partnership with the renewal of a multi‑year agreement covering base maintenance services for Emirates’ Airbus A380 f...

30 years, 800 guests and £20,000 raised – Luxaviation UK celebrates at the Aviation Polo Cup 2026

Aviation took the spotlight at Hurtwood Park Polo Club on Saturday, 5 September, where more than 800 guests gathered with Luxaviation UK and Castle Air for the 2026 edition of the Aviation Polo Cup. M...

Android Apps development in Riga, Latvia