Rise and shine brand new world, because as Reuters reports, China is stepping on the market and there are some reasons for Boeing and Airbus to pay attention to this action.
China has established a company to build regional commercial jets, with an eye to eventually reducing the country’s reliance on Boeing and Airbus for jumbo jets, said Reuters.
Richard Aboulafia, an aviation analyst with Teal Group said: “They might be able to establish a presence in the business over the next 10 to 20 years.” However, we are all seeing what’s going on in China and it is hard not to notice the boom on the market.
Read the story here:
http://www.reuters.com/article/businessNews/idUSPEK19223920080511
Question: Do you care what plane takes you from A to B? Do you always travel with Boeing or you simply don’t mind as long as it is safe and arrives on time?


