EADS says it aims to generate 30% of its revenues in Asia Pacific by 2015 and has underlined the importance of the region to its growth plans by taking more floor space at this year’s Asian Aerospace than any other foreign exhibitor.

Asia Pacific accounted for €4.9 billion ($9.3 billion) in group revenues for EADS in 2004, while orders from the region made up more than 45% of the total for Airbus in 2005, with 500-plus aircraft on firm order for 13 customers. Christian Duhain, head of EADS International, says: “We are looking forward to further developing our ties with Asia for our mutual benefit. Research and development as well as sourcing, manufacturing, and after-sales service are activities that we also want to strengthen in Asia.”

Source: Flight Daily News