Transportation: Boeing boss sees threat from China

(AP)
Updated: 2007-03-12 17:12

China will soon be threatening major Western aircraft makers, Boeing boss James McNerney said in a forthcoming interview.

Boeing chairman James McNerney talks with the press in May 2006. China will soon be threatening major Western aircraft makers, McNerney said in a forthcoming interview.

Warning that it was wrong to think that there would only ever be Boeing and Airbus in competition, McNerney was quoted in the German weekly Der Spiegel as saying, "The Chinese have well-trained people, a strong spirit of enterprise and an enormous domestic market."


(For more biz stories, please visit Industry Updates)