Airbus aims for 50% China market

Airbus aims for 50% China market

Beijing: Airbus aims to supply at least half of the 4,000 commercial jets that China is expected to need over the next 20 years, an Airbus China executive said on Wednesday.

The world’s largest civil jet maker aimed to increase its market share in China to 50% by 2015, Eric Chen, senior vice-president of Airbus China, told the news agency on the sidelines of an aviation forum in Beijing.

Airbus currently has market share in China of 47%.

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