Trans-Pacific Aerospace Company Inc. (fka TPAC)

[spudsuds]

This is terrible for TPAC's outlook in China.

1)- Airbus Group SE drew a line on how far it’s prepared to extend jetliner production into China, saying it won’t help competitors develop aircraft, and that the country’s wide-body orders don’t justify building its most lucrative models there.


2)- Airbus and Boeing face a balancing act as they court a Chinese aviation market that’s expected to become the world’s biggest in the next two decades, dangling the prospect of manufacturing work without agreeing to a degree of technology transfer that might threaten their industry leadership.