Airbus Looks To Ohio for More Business

Officials of the aircraft manufacturer Airbus are meeting with representatives of nearly 100 Ohio companies to talk about doing more business with them.

Mnet 165219 Airbus Thumb 0

Dayton, Ohio — Officials of the aircraft manufacturer Airbus are meeting with representatives of nearly 100 Ohio companies to talk about doing more business with them.

Airbus officials plan to meet Monday with businesses at a procurement conference in suburban Dayton to promote and facilitate increased business between the state's aerospace manufacturers and Airbus.

The Dayton Daily News reports that Airbus spent $14.4 billion last year on aircraft-related procurement in the U.S. That includes $6.1 billion in Ohio, the company's No. 1 supplier state.

Airbus intends to nearly double that spending amount in the U.S. by 2020 to meet growing global demand for more fuel-efficient jets.

France-based Airbus forecasts air traffic will grow 4.7 percent annually over the next 20 years, requiring 29,200 new passenger and freighter aircraft.

More