Arab Today, arab today airbus to build first us aircraft plant
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Airbus to build first US aircraft plant

Arab Today, arab today

Arab Today, arab today Airbus to build first US aircraft plant

New York - AFP

European aircraft maker Airbus plans to build its first plant in the United States, moving into the world\'s largest market for single-aisle planes, The New York Times reported Wednesday. Airbus plans to invest several hundred million dollars a plant in Mobile, Alabama, said the Times, citing people with knowledge of the plan. The Mobile plant could eventually assemble dozens of Airbus\'s popular 150-seat A320 jets each year, challenging the home market of its arch-rival Boeing, the newspaper said. The Toulouse, France-based Airbus was expected to announce the details as early as Monday, according to the Times\' sources, the Times said. Stefan Schaffrath, an Airbus spokesman, told the newspaper Wednesday that the company had \"nothing to announce at this point.\" The Times said that Airbus is making a bet that US airlines, many of which are saddled with large fleets of aging jets, would be enticed to consider an A320 that was \"made in America\" over Boeing\'s competing 737. By doing the final assembly of the planes with non-union American workers, and in dollars, Airbus also stands to shave off significant production costs, it noted. Airbus holds a 20 percent share of the US single-aisle plane market, while globally Airbus and Boeing are fairly neck-and-neck, the Times said. But opening an American factory \"could raise eyebrows in European capitals and among labor unions -- particularly in France,\" the Times said. The new government of President Francois Hollande has threatened to punish companies which move jobs overseas, hitting them with tax penalties and cutting state subsidies. However, European governments, particularly France and Germany, are likely to be persuaded of the business case that it could eventually create as many as 10 new jobs in Europe -- not only at Airbus, but also for its vast supplier network -- for every one job created in Alabama, the Times was told by a source. An agreement to build an assembly line in Mobile would cap a seven-year courtship between Alabama officials and European Aeronautic Defense and Space, Airbus\'s parent company, over locating a major industrial facility in the state. In 2005, EADS, which already has an engineering site in Mobile, had proposed building a $600 million assembly line for its larger A330 aircraft as part of a bid for a $35 billion US Air Force contract for aerial fueling tankers. But that deal was ultimately awarded to Boeing last year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today airbus to build first us aircraft plant Arab Today, arab today airbus to build first us aircraft plant

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today airbus to build first us aircraft plant Arab Today, arab today airbus to build first us aircraft plant

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday