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Stockreport

Airbus built a lot of planes for China last year - but can't deliver them [CNNMoney.com]

BOEING (BA)  More Company Research Source: CNNMoney.com
Last boeing earnings: 1/31 07:30 am Check Earnings Report
PDF 5 stunning stats about Airbus Airbus needs China's blessing on its newest jetliners. And without it, undelivered planes are piling up at its factories in France and Germany. The company wanted to sell nearly 200 more Airbus jets to China this week. But Chinese airlines have yet to take delivery of many airliners they've ordered from the company even though the planes are built. That's because China's aviation regulator has yet to allow deliveries of key Airbus ( EADSF ) models. Across Airbus's factories in Germany and France, more than a dozen A320neo and A321neos, some that were ready as far back as last spring, have been in storage awaiting final sign-offs from the Civil Aviation Administration of China. About a half-dozen A350s for Chinese carriers are waiting at its main headquarters in Toulouse in southern France. Winning regulatory approval in China, the world's largest airplane market over [Read more]

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