Indonesia is potential market for A400M – EADS

SINGAPORE, Feb 4 (BestGrowthStock) – Indonesia could be a market
for the troubled Airbus military transport plane, the A400M, a
senior company executive said on Thursday.

“Yes, Indonesia could be a potential market for the A400M,”
Christian Duhain told reporters on the sidelines of the
Singapore Airshow.

Southeast Asia’s largest economy is looking to renew its
C-130 fleet of military transporters, which could be an
opportunity for the European defense and aerospace firm to
secure more deals for them in the region.

Malaysia has four A400M planes on order.

Talks between Airbus parent EADS (EAD.PA: ) and main buyers
of the A400M — Britain, France, Germany, Spain, Belgium,
Luxembourg and Turkey — broke off last week over a 2.4 billion
euro ($3.4 billion) gap in the amount of money each side is
prepared to invest in completing development of the plane.

Negotiations will resume in Berlin on Thursday.

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(Reporting by Harry Suhartono, editing by Raju

Indonesia is potential market for A400M – EADS