Airbus CEO: JAL order to help spur ties with Japan aerospace firms

TOKYO Mon Oct 7, 2013 5:09am EDT

Japan Airlines President Yoshiharu Ueki attends a joint news conference with Airbus Chief Executive Fabrice Bregier (not pictured) in Tokyo October 7, 2013. REUTERS/Toru Hanai

Japan Airlines President Yoshiharu Ueki attends a joint news conference with Airbus Chief Executive Fabrice Bregier (not pictured) in Tokyo October 7, 2013.

Credit: Reuters/Toru Hanai

TOKYO (Reuters) - The head of Airbus said on Monday the jet orders clinched with Japan Airlines Co Ltd (9201.T) would help spur future ties with Japanese aerospace firms, as the planemaker aims to edge deeper into a market dominated by rival Boeing Co (BA.N).

Breaking open the last major aviation market dominated by Boeing, Airbus on Monday announced its first jet order from JAL, including for 31 wide-body A350 jets with a combined $9.5 billion list price.

"With this order, it gives us more momentum to look for potential joint R&D (research and development) efforts for the future generation of aircraft," Airbus Chief Executive Fabrice Bregier told a joint news conference in Tokyo with JAL President Yoshiharu Ueki.

U.S. planemaker Boeing has long seen off attempts by Airbus to secure an order with JAL, benefiting from links with Japanese suppliers and deep political ties between Tokyo and Washington.

(Reporting by Tim Kelly; Writing by Chang-Ran Kim; Editing by Shinichi Saoshiro)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article