Saturday 23 March 2013

INQUIRER.net: Airbus-Boeing battle shifts to Indonesia

INQUIRER.net
Philippine News for Filipinos
Airbus-Boeing battle shifts to Indonesia
Mar 24th 2013, 04:17

JAKARTA - A new rivalry between the world's biggest planemakers is heating up in Indonesia after a record deal for Airbus in a market with huge potential that until now has been a "fortress" for Boeing.   The European company in the past consistently lost contracts to its US rival in Southeast Asia's top economy, but budget carrier Lion Air's 18.4-billion-euro ($23.8 billion) order last week for 234 medium-haul Airbus jets may be a game-changer in the feud for market share.   "This is a major deal for Airbus because, generally, Indonesia has been a fortress for Boeing," Ravi Madavaram, an aerospace analyst for Frost & Sullivan in Kuala Lumpur, told AFP. &...

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