Airbus sales blocked by China over ETS

The Chinese government is blocking sales of Airbus aircraft to Chinese airlines with the aircraft maker set to suffer significant lost business if the European Commission (EC) fails to heed protests from airlines and governments around the world about its emissions trading scheme (ETS).


Airbus Chinese government EADS EC Emissions Trading Scheme ETS EU European Aeronautic Defence & Space Co European Commission European Union Louis Gallois


The Chinese government is blocking sales of Airbus aircraft to Chinese airlines with the aircraft maker set to suffer significant lost business if the European Commission (EC) fails to heed protests from airlines and governments around the world about its emissions trading scheme (ETS), Louis Gallois, the chief executive of parent company European Aeronautic Defence & Space Co. NV (EAD.FR), said this week.

“The Chinese government is putting on hold approval” for 35 wide-bodied Airbus aircraft ordered by Chinese airlines, Gallois told a analysts in a conference call on EADS’ 2011 results. “We are worried that this conflict is becoming a commercial war…and that there is a risk that Airbus will be taken hostage,” according to a Dow Jones report. The orders effected include 35 A350 orders and possibly another 10 A380s and six A330s at stake for 2013 and 19 in 2014, all destined for Chinese carriers. Altogether they represent 20 per cent of Airbus’s production of long-range aircraft in that year