Airbus Looks To China for Growth

 - June 29, 2010, 1:04 PM

According to Airbus Corporate Jets, as business jet use becomes more widespread in mainland China the aircraft will make an important contribution to further expanding the exporting country’s economy. “When a company uses a corporate jet, the productivity of its executives is multiplied, allowing them to manage the business more effectively,” Airbus COO for customers John Leahy said. Airbus forecasts a market for around five bizliners a year in Asia-Pacific to replace existing aircraft and provide for growth. The European consortium expects to win at least half of this market.