NewswireToday - /newswire/ -
Toulouse, France, 2005/12/04 - The first day of Chinese Prime Minister's visit to Airbus Toulouse based, aircraft maker was marked by a cooperation agreement between China and Airbus Industries..
The draft-agreement signed on Sunday by Chinese Commission of Reform and Development (NDRC), Vice-President, Zhang Xiaoqiang, and Chairman of Airbus Industries Mr. Gustav Humbert about establishing extended cooperation with China.
In addition, a very large Airbus A320 order valued at over $5 billion (USD) at list prices should be announced today or early this week.
This announcement came out just one week (Nov 29th) after Boeing Company announced the delivery to Air France of the the first Boeing 777-300ER (Extended Range) airplane that includes enhancements that improve the overall fuel efficiency of the 777-300ER by 1.4 percent. According to Boeing, a 1.4 percent improvement in fuel efficiency on this airplane equates to an annual jet-fuel savings of approximately 200,000 gallons (757,000 liters). Source Boeing Company.
The "Commercial Aircraft War" is real, both Boeing Company and Airbus are watching each other's, very moves. With this recent announcement of a possible large order from China, making Airbus, clearly the number one commercial aircraft maker.
About Airbus Industries
Airbus is a leading aircraft manufacturer whose customer focus, commercial know-how, technological leadership and manufacturing efficiency have propelled it to the forefront of the industry. With a turnover of slightly over 20 billion euros in 2004, Airbus today consistently captures half of all commercial airliner orders. The company also continues to broaden its scope and product range by applying its expertise to the military market.broaden its scope and product range by applying its expertise to the military market. Headquartered in Toulouse, Airbus is an EADS joint company with BAE Systems.
All product names and trademarks belong to their respective owners.