China Demographics Point to Continued Air Travel Demand, Underpinning Commercial Aircraft Market
As part of its in-depth analysis of China's economy, Morningstar’s equity research team has concluded that demographics will drag on China’s economic growth rather than drive it and that an aging population will drain the savings that fueled recent investment-led growth. These demographics along with other factors will tilt the growth mix more toward consumption. In aerospace, we expect air travel demand in China to remain strong over the mid- to long term despite unfavorable demographic trends....Airbus is an European Aeronautic Defense and Space company whose core business is the manufacturing of commercial aircraft, civil and military helicopters, commercial space launch vehicles, missiles, military aircraft, satellites and defense systems and defense electronics and the rendering of services related to these activities. Co. organizes its businesses into the following five operating divisions: Airbus Commercial, Airbus Military, Eurocopter, Cassidian and Astrium. In addition, Co.'s Other Businesses division engages in the development, manufacturing, marketing and sale of regional turboprop aircraft and aircraft components.
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