China to enter commercial jet market in 2015

Posted on 25 Jun 2013

Airbus and Boeing have reason to celebrate after amassing a joint total of $136m in orders at the Paris Air Show last week, but now they face the prospect of Chinese competition.

In the battle between the aerospace giants, Airbus pipped Boeing to the post by a mere $4bn. Airbus racked up a total of $70bn in orders for 466 aircraft whilst Boeing made $66bn from the sale of 442. With aircraft companies looking to replace ageing fleets and ever increasing demand from across Asia, the two…

This content is for subscribers only. Subscribe now for free to read the full article.