Bridgestone to supply Airbus with plane tyres
Bridgestone Corp, Japan’s biggest tyre maker, said on Wednesday that European plane maker Airbus will use its tyres on all its aircraft. Bridgestone, which already supplies tyres to Airbus’s rival Boeing, said in a statement that it had certified its tyres for use on all aircraft models, ranging from the long-range A330 to the single-aisle A320 planes. The deal follows an announcement in June that Bridgestone will supply tyres for Airbus’s A380 — a next-generation super jumbo that is being touted as the world’s biggest passenger plane and is due to go into service in early 2006.
A Bridgestone spokeswoman said the latest agreement would help boost sales of Bridgestone’s aircraft tyre business but would have a negligible impact on its earnings outlook. Bridgestone has one-third of the global market for passenger aircraft tyres, and its annual aircraft tyre sales came to around 10 billion yen (80 million euro), or 0.5 percent of total revenues, in 2002/03.