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3/13/06

IOL: Airbus may build planes in China

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Airbus may build planes in China

The European parent of the maker of Airbus aircraft is considering manufacturing some planes in China, but a top executive said today that the company will not make a final decision until summer. “Asia is the biggest growth area,” Tom Enders, chief executive officer of European Aeronautic Defence and Space Co., said at a news conference. He said EADS hopes to make a final decision between July and September.

The planes to be made in China would be commercial aircraft produced by Airbus. EADS owns 80% of Airbus, based in Toulouse, France.

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