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Article: Asia-Pacific a catalyst for EADS.
- Article from:
- Bangkok Post (Bangkok, Thailand)
- Article date:
- February 21, 2006
CopyrightCOPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Boonsong Kositchotethana
Feb. 21--SINGAPORE -- The aerospace and defence giant EADS is seeking to further consolidate its presence in fast-growing Asia-Pacific, aiming to boost its sales in the region to 30 percent of its overall revenue by 2015.
Tom Enders, chief executive of the European industrial group, yesterday outlined the target in a region where superpowers China and India are poised to lead the market opportunities.
EADS has been raising its presence largely through increasing sales from its commercial aircraft division, Airbus.
The proportion of its revenue from the region more than doubled to 15.5 percent in 2004 ...
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