Airbus-China partnership keeps growing
Fin24

Airbus-China partnership keeps growing

2014-10-10 17:00

Airbus-China partnership keeps growing            

Berlin - Airbus and its Chinese partners - the Tianjin Free Trade Zone (TJFTZ) and the Aviation Industry Corporation of China (AVIC)) - have re-confirmed their intention to set up an A330 completion and delivery centre in Tianjin, China, by signing a letter of intent (LoI).

This follows the successful establishment of an A320 family final assembly line and delivery centre in the Chinese city and takes into account the need to support the fast growth of air traffic in China with larger aircraft.
 
The LoI was signed on Friday by Fabrice Brégier, Airbus president and CEO, Feng Zhijiang, President of the TJFTZ and Lin Zuoming, president of AVIC representing the Chinese parties, in Berlin, Germany, witnessed by German Chancellor Angela Merkel and visiting Chinese Premier Li Keqiang.

READ: Airbus tests the A320neo

“In its 30 years history the Airbus partnership with China keeps on growing and expanding. The intended establishment of an A330 completion and delivery centre will add a new exciting chapter to our longstanding track record of mutual achievements,” said Bregier.
 
At present, the in-service Airbus fleet with Chinese operators comprises over 1 000 aircraft. In the 20 year period between 2014 to 2033 Airbus forecasts a demand in China for more than 5 300 new commercial aircraft over 100 seats plus freighters.

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- Fin24