Tuesday, October 22, 2013
Airbus 'Open' To Japanese Production: CEO
TOKYO (Nikkei)--The chief executive of Airbus SAS said Monday that building jets in Japan is not out of the question for the firm, which recently landed its first major supply contract with Japan Airlines Co. (9201).
- Fabrice Bregier
There would have to be an economic logic to Japanese output, Fabrice Bregier told The Nikkei after speaking at the 15th Nikkei Global Management Forum. Airbus is "open" to the possibility, he said, noting that the company has an assembly line in China and another under construction in the U.S.
Airbus is seeking deeper ties with Mitsubishi Heavy Industries Ltd. (7011) and other JAL parts suppliers that work closely with rival Boeing Co., Bregier said. The JAL order has broadened Airbus' chances, he said, calling Japan synonymous with high-tech.
Airbus signed a 1 trillion yen deal with JAL earlier this month for 31 A350 jets. In a break from past orders, the Japanese carrier chose the new wide-body plane over the Boeing 777 line.
(The Nikkei, Oct. 22 morning edition)