Wednesday, May 29, 2019

Airbus celebrates 50 years; eyes fastest growing airplane market in India

Toulouse: “We have entered an era of mass manufacturing. This year we are ready to deliver 880 to 890 aircrafts,” said Airbus CEO Guillaume Faury, adding, “Airbus’ story is one of ambition and progress, and has been a showcase of European integration. Over five decades, we have brought together civil and defence aviation businesses from throughout the continent.” Airbus celebrates its 50th anniversary today.

India is the world’s fastest-growing market for air travel and budget airlines. Airbus dominates the single-aisle aircraft in the country with IndiGo, GoAir, Air India, Vistara and AirAsia India operating its aircraft and the airplane manufacturer is trying to make its mark in the long-haul airplane market, which is dominated by Boeing, sources said.

Said Faury, while interacting with media persons in Toulouse recently: "We are always looking for opportunities and always see a market for our aircraft. We are trying to be long-term oriented for India, which is the fastest growing market and there is a lot of demand."

On Wednesday, Airbus launched a global campaign to celebrate the company’s 50 year anniversary, showcasing key moments of pioneering progress throughout the past five decades. A formation of Airbus family aircraft, including the A220, A320 Family, A330neo, A350 XWB, A380 and BelugaXL, along with Dassault Alpha Jets of the Patrouille de France, flew over Toulouse and completed a flypast over Blagnac airport.
29/05/19 Somit Sen/Times of India
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