Airbus draws line at giving china its own widebody jet plant

Airbus Group drew a line on how far it’s prepared to extend jetliner production into China, saying it won’t help competitors develop aircraft, and that the country’s wide-body orders don’t justify building its most lucrative models there. No talks have taken place about construction of twin-aisle jets such as the A330 and A350 in China, Fabrice Bregier, who heads Airbus’s planemaking arm, said ahead of the opening of a completion shop that will put the finishing touches on wide-bodies flown in from Europe. Airbus and Boeing face a balancing act as they court a Chinese aviation market that’s expected to become the world’s biggest in the next 2 decades, dangling the prospect of manufacturing work without agreeing to a degree of technology transfer that might threaten their industry leadership. <br/>
Bloomberg
http://www.bloomberg.com/news/articles/2016-03-02/airbus-draws-line-at-giving-china-its-own-wide-body-jet-plant
3/2/16