Air­bus: 2,000 jobs at risk over China or­der freeze

The Washington Times Daily - - Business -

GENEVA | The head of Air­bus says up to 2,000 jobs are at risk be­cause Chi­nese air­lines have frozen or­ders for 55 jets worth $14 bil­lion in protest of the Euro­pean Union’s emis­sions trad­ing plan.

Air­bus CEO Tom En­ders says the move jeop­ar­dizes 1,000 jobs at the com­pany in Europe and an­other 1,000 in its sup­ply chain.

Mr. En­ders spoke Thurs­day at an air­line in­dus­try meet­ing in Geneva.

The EU in­tro­duced the trad­ing sys­tem at the start of the year as part of Euro­pean ef­forts to re­duce global warm­ing.

Air­lines fly­ing to or from Europe must ob­tain cer­tifi­cates for car­bon diox­ide emis­sions.

The United States, China, Rus­sia, In­dia and many other coun­tries are op­posed and say the bloc can­not im­pose taxes on flights out­side its own airspace.

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