AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 215.53 Increased By ▲ 18.17 (9.21%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.79 Increased By ▲ 0.88 (14.89%)
DCL 9.17 Increased By ▲ 0.35 (3.97%)
DFML 38.96 Increased By ▲ 3.22 (9.01%)
DGKC 100.25 Increased By ▲ 3.39 (3.5%)
FCCL 36.70 Increased By ▲ 1.45 (4.11%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.13 Increased By ▲ 6.58 (5.16%)
HUMNL 13.63 Increased By ▲ 0.13 (0.96%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.32 Increased By ▲ 0.32 (4.57%)
MLCF 45.87 Increased By ▲ 1.17 (2.62%)
NBP 61.28 Decreased By ▼ -0.14 (-0.23%)
OGDC 232.59 Increased By ▲ 17.92 (8.35%)
PAEL 40.73 Increased By ▲ 1.94 (5%)
PIBTL 8.58 Increased By ▲ 0.33 (4%)
PPL 203.34 Increased By ▲ 10.26 (5.31%)
PRL 40.81 Increased By ▲ 2.15 (5.56%)
PTC 28.31 Increased By ▲ 2.51 (9.73%)
SEARL 108.51 Increased By ▲ 4.91 (4.74%)
TELE 8.74 Increased By ▲ 0.44 (5.3%)
TOMCL 35.83 Increased By ▲ 0.83 (2.37%)
TPLP 13.84 Increased By ▲ 0.54 (4.06%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.84 Increased By ▲ 1.87 (5.67%)
WTL 1.72 Increased By ▲ 0.12 (7.5%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

European planemaker Airbus on September 04 said its parent company, EADS, should be allowed to join the US aerospace industry's main lobbying group because it has production facilities in the United States, employs thousands of workers, and buys $12 billion worth of US aerospace goods each year.
"We do meet all the qualifications," Barry Eccleston, president and chief executive officer of Airbus Americas Inc, told Reuters in an interview.
"It's simply a question of AIA (Aerospace Industries Association) deciding that they want to allow EADS to come in and be a member." AIA's 360 full and associate members include Boeing, which competes with EADS and Airbus for defence and civilian aircraft sales. Airbus, in an effort to boost its 20 percent share of the US civilian aircraft market, decided this year to build its first US production facility in Alabama.
AIA President Marion Blakey, in a separate session with Reuters, said the industry group's constitution prohibits EADS from joining because its shareholders include the French and German governments, and that would essentially put the group in the position of lobbying on behalf foreign governments.
"Remember, this is the Aerospace Industry Association of America. We go back to (US aviation pioneers) Orville Wright and Glenn Curtiss, who founded this almost a hundred years ago," Blakey said. "We are here to represent the interests of the United States (industry) and we do not believe its appropriate for foreign governments to use AIA to lobby our own," she added.
Eccleston rejected that argument, noting European governments had embassies to represent their interests in Washington and would not need to use the industry group.
"We find it strange that AIA seems reluctant to have EADS and especially Airbus as a member since Airbus is the US aerospace industry's largest export customer. We buy $12 billion worth of stuff a year from US aerospace companies, just about all of whom are members of Marion's organisation," he said.

Copyright Reuters, 2012

Comments

Comments are closed.