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

flydubai becomes first airline to launch scheduled international flights to Pokhara

flydubai has expanded its Nepal network with the launch of daily direct flights between Dubai and Pokhara, marking the first-ever non-stop service linking Dubai with western Nepal. The new route makes...

EHang brings Global Fast Track Program to Vietnam, marking its second international market

EHang has announced the expansion of its Global Fast Track Program to Vietnam, making it the second country to join the initiative after Sri Lanka. The program’s launch in Hanoi also marks...

ATP Flight School hosts Alumni Career Expo featuring 20 airline and industry partners

On October 1, ATP Flight School will welcome nearly 500 aspiring airline pilots to its Arlington, Texas training center for an exclusive career expo featuring 20 airline and industry partners. Attende...

Airbus A350F freighter successfully performs its maiden flight

The Airbus A350F freighter (MSN 700), the first of two flight test aircraft, has successfully completed its maiden flight. Equipped with dedicated flight test instrumentation, the aircraft spent 4 hou...

Android Apps development in Riga, Latvia