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6/5/12

Aircraft Industry: China, Emerging Threat To Boeing And Airbus

Speaking at the Aviation Club of the U.K., Albaugh said Boeing and Airbus face competition from Canada, Brazil and China, but that “I don’t believe all of them are going to be successful. My guess is one of them will emerge and become a very good competitor for us, and I won’t be surprised if it was China.”

Albaugh supports his view by noting China’s $5 billion commitment to developing its regional jet, which he says may never be certified, and a further $30 billion for the C919 narrowbody program. “If that’s going to be the airplane or not, I don’t know, but eventually, they will get it right,” says the Boeing executive.

He suspects Comac initially will sell aircraft in China and countries with close links to the country, but eventually will have a product that can compete with Airbus and Boeing offerings.

Read more: China, Emerging Threat To Boeing And Airbus - AMD – Aerospace Manufacturing and Design

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