China becomes one of largest foreign supplier of parts for Boeing

[photopress:AIR_boeing_parts.jpg,full,alignright]One probably follows on from the other. China is now one of Boeing's biggest overseas market. And China is now one of Boeing company's largest foreign supplier of parts. As in a contract worth US$2.5 billion for aircraft products.

John Bruns, vice president China operations of Boeing, said at the Asian Aerospace International Expo and Congress that China is an 'exciting proposition', and offers greater opportunity for OEMs than 'just selling airplanes'.

He said, 'Liberalization is creating a more competitive environment and airline strategies are assisting with this growth by responding to the customer's desire to save time by flying point-to-point.'

China will need more than 2,900 new aircraft to satisfy the growth of the industry. The thought of which probably makes Boeing very happy. John Bruns said this will inevitably lead to more investment on the Chinese mainland.

Boeing currently has 170 direct Boeing employees in China and 3,000 people working in Boeing joint ventures.

John Bruns said, 'China now has a role in all current Boeing models.' With such a market potential this is inevitable.
Source: China Daily