Bloomberg News

Boeing Can’t Rule Out Having Assembly Factory in China

February 12, 2014

Boeing Booth at Singapore Airshow

Attendees chat in front of Boeing Co. signage at the company's booth at the Singapore Airshow. Photographer: Nicky Loh/Bloomberg

Boeing Co (BA:US). doesn’t rule out the possibility of building a final assembly for single-aisle planes in China in the future, the planemaker said at a briefing during the Singapore Air Show.

“Never say never, we’re always looking at our options,” said Scott Fancher, Boeing Commercial’s head of aircraft development, said today when asked of possible interest in assembling planes in China.

Boeing for four consecutive years has increased its estimate for demand from the world’s second-biggest economy. The company expects the country to need 5,580 new planes costing $780 billion through 2032.

The Chicago-based planemaker counts China as a key player in its global supplier base, with a number of joint ventures in areas including composite parts manufacturing, overhauling aircraft and training. Boeing’s head of marketing, Randy Tinseth, said at the same briefing that its joint ventures with the Chinese employ 6,000 people.

To contact the reporter on this story: Andrea Rothman in Toulouse at aerothman@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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