Boeing executive says Airbus will weather its crisis |
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Thu, 31 May 2007 08:22
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TOKYO (XFN-ASIA) - Airbus will weather its current crisis and emerge as a very strong rival to Boeing, Boeing Commercial Airplanes senior vice-president of sales Larry Dickenson said.'Airbus will come out of this. They will come out of this a very strong competitor,' Dickenson told reporters here.But he said that Boeing was still confident that its strategy of building smaller planes that can take passengers direct to their final destination was better than Airbus's focus on its large Airbus A380.'We happen to still believe that people want to go where they want to go, when they want to go, and not go through hubs. If you look at the numbers right now, we think that our strategy was the correct one,' he said.Boeing has overtaken Airbus as the world's biggest maker of aircraft, having secured more orders than Airbus last year.Airbus has been bedeviled by costly delays in the production and delivery of the A380, which is at the heart of the European manufacturer's strategy of building bigger planes to fly between major hubs.
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Boeing says joint dominance with Airbus to be challenged by China - report 