Albert Varenne, Head of Regional Sourcing Office China & East Asia, Airbus, former chair, Aviation and Aerospace Working Group
What’s your favourite, best memory of the European Chamber experience?
I personally really appreciated the networking and discussions between Aviation and Aerospace experts, our last lunch is a perfect example.
What’s the difference of China’s business/regulatory environment in your industry today vs. 20 years ago?
China has transformed its aerospace industry model from a build-to-print industry (aircraft developed under licence) to, in the coming decade, commercial aircraft designed in China. This being said, it is unlikely that Chinese aircraft will become tough competitors to western ones.
What do you expect to see China’s business/regulatory environment to change in 20 years?
Two options:
1. China keeps developing its own aircrafts and they are sold to the Chinese aviation market.
2. China decides to cooperate and then it can become a global player (a similar approach was adopted in the European Union (EU) 50 years ago)
What role do you expect the European Chamber to take in the next 20 years?
Sorry to be blunt, but if the EU doesn’t move to a federal political structure in 20 years, there will be no European Chamber.
What value has the European Chamber brought to you/your company/your industry?
To me, a network of interesting people and better knowledge of EU institutions and the European Commission. To my company, more difficult to identify. To my industry, a platform to advocate political changes.
What has been the biggest accomplishment of your working group so far?
To avoid any detrimental position towards European companies.
Albert Varenne, Head of Regional Sourcing Office China & East Asia, Airbus, former chair, Aviation and Aerospace Working Group
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