Airbus says China to become largest aircraft market

Airbus says China to become largest aircraft market

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The country of China is on its way to become the single largest market for aircraft in the world. John Leahy the chief operating officer customers at Airbus had helped Airbus raise market share from 18 percent to 50 percent at present.

Leahy in an exclusive interview said, “There’s no doubt in my mind that China willbecome the single largest economy in the world and single largest for aircraft in the world. The two goes together.” While talking about the European debt crisis, the chief operating officer said that the crisis is over rated.

Leahy added, “It’s a financial crisis, not-necessarily a transportation crisis, we have aircraft that help reduce the crisis to running the airline, make travel less expensive. The chief operating officer explained by taking its new A380 aircraft as an example which consumes just 2.9 litres per hundred kilometres.

While talking about China’s domestically designed passenger plane C919 Leahy said that it would be a very good plane adding that he had a very high respect for the Chinese counterparts. Leahy also said that China would be among the three large manufacturers in the world namely the Boeing, Airbus and the Commercial Aircraft Corporation of China, which is also the producer of the C919 plane.