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Airbus Expects to Win More China A380 Orders Within Next Year

Sunday 03/09/2017 - Source: Bloomberg


Airbus SAS, the world's largest commercial-aircraft maker, said it expects to win more A380 superjumbo orders from China within the next year because of rising travel demand in the world's most populous nation.

China will likely order 113 A380-sized planes within the next 20 years, Airbus Chief Operating Officer John Leahy said today. The country may order a total of 2,000 planes in the period, he said.

The first 555-seat A380 is due to be delivered next month to Singapore Airlines Ltd. China's aviation industry is expected to grow 14 percent annually in the five years ending 2010, according to the government's five-year plan.

Demand in China will drift toward bigger planes,'' Leahy told reporters in Hong Kong today at the Asian Aerospace International Expo and Congress.

China Eastern Airlines Corp., the country's third-largest carrier, may become an A380 customer following Singapore Airlines' acquisition of a stake, Leahy said. China Southern Airlines Co., the nation's biggest carrier, has already ordered five A380s. In total, the Toulouse, France-based planemaker has 165 orders for the aircraft from 14 customers, including Emirates Airline and Qantas Airways Ltd.

Airbus aims to sell a total of 100 to 150 planes a year in China for at least the next five years, Leahy said. The company is controlled by European Aeronautic Defence & Space Co., based near Amsterdam, and counts Boeing Co. of Chicago as its main competitor.

China's commercial-airline fleet more than doubled in the 10 years ending 2016. It will probably almost quadruple to 4,000 aircraft by 2020 from 1,039 at the end of 2016, according to the General Administration of Civil Aviation of China.

China's moves to slow growth in the nation's air travel market will likely fuel demand for larger planes, as these would help ease congestion at airports, Leahy said.

China's aviation regulator has suspended applications for new airlines until 2010 to prevent the world's second-biggest aviation industry from "growing too fast,'' the regulator said last month.

Airbus is building a factory in Tianjin, eastern China, as it seeks to win more orders in China. The facility, Airbus's first final assembly plant outside of Europe, will make as many as four A320 aircraft a month by 2011. The planemaker announced the plan in October last year, alongside a Chinese order for 150 A320s.


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