With Airbus Against The Ropes, Will China Step Up As #2?

Wow, I had no idea that China was looking to get into the aircraft mfg business to the point where they’d potentially give Airbus a run for its money and provide Boeing with some competition in the large aircraft business. You see, Boeing’s souped up 747’s and its Dreamliner are selling like hotcakes while Airbus’ A-380 is having manufacturing issues.

Douglass McIntyre of 24/7 Wall St. is reporting that China Aviation Industry Corp says it can begin making large aircraft by 2020.

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