Airbus is going to start to assemble some of its planes in China. And China gave Airbus a $14.8 billion order for 160 of its A320 and A330 planes. It is probably just a coincidence.
According to The Wall Street Journal "Airbus and Chinese partners this summer signed an agreement to produce A320s in China in anticipation of large Chinese orders for the popular single aisle jet that seats 150 or more passengers."
No doubt Airbus needs the sales, Delays in the launches of some of its most important planes have hurt its sales, and its is suffering financially from the fall of the dollar. But, the China deal does seem to have a bit of an odor.
Boeing (BA) is probably not opening factories in China anytime soon. It will be interesting to see how much orders for its planes drop over the next decade, especially if Airbus moves more manufacturing to the big Asian country.
Douglas A. McIntyre
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