Airbus Watching Japanese Developments Closely
16 Marzo 2011 - 8:36PM
Dow Jones News
Airbus, which relies on Japanese suppliers for parts for its
commercial airliners, said Wednesday it's watching closely the
unfolding events in Japan, but said it's too early to assess any
impact from the disasters that have struck the country in the wake
of a massive earthquake at the end of last week.
Airbus's Japanese aerospace suppliers include Mitsubishi Heavy
Industries Ltd. (7011.TO), Fuji Heavy Industries Ltd. (7270.TO),
Bridgestone Corp. (5108.TO), Toray Industries Inc. (3402.TO) and
Toho Tenax, a carbon-fiber supplier that's owned by Teijin Ltd
(3401.TO).
A total of 12 Japanese companies participate in the manufacture
of Airbus's medium range A320 family, 15 in the production of the
wide-bodied A330 and A340, and 20 are involved in making the
long-range double-decker A380.
Airbus has 19 employees at its Japanese subsidiary Airbus Japan,
and five expatriate employees working with Airbus customers. Airbus
said its representatives in Tokyo have been relocated further
south, away from the risk of radiation fallout from the damaged
Fukushima nuclear facility in the northeast. Meanwhile, expatriate
families have returned home.
-By David Pearson, Dow Jones Newswires; +33 1 4017 1740;
david.pearson@dowjones.com
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