Business

January 10, 2018
 

Airbus, Chinese partners strengthen cooperation

airbus-china
In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China on the further development of industrial cooperation in Tianjin.

The agreement was signed by He Lifeng, Chairman of the National Development and Reform Commission of China and Fabrice Brégier, Airbus COO and President Commercial Aircraft in Beijing Jan. 9.

Both sides agree to further enhance their industrial partnership in Tianjin and strengthen the cooperation with regards to technical innovation, engineering capabilities and supply chain expansion.

On the same day, Airbus and its Chinese partners have also signed a framework agreement on ramping up its A320 production rate at its Final Assembly Line in Tianjin to six aircraft per month.

This industrial ramp-up targets five aircraft per month by early 2019 and six per month by early 2020. Since its inauguration in 2008, the Final Assembly Line in Tianjin has assembled a total of 354 A320 Family aircraft (by Dec. 31, 2017). Deliveries to Chinese customers and to operators throughout the Asia-Pacific region included the first A320neo in the second half of 2017.

“The industrial cooperation between Airbus and China and its continued success are a true role model of a winning partnership between China and Europe. Together with our Chinese partners we are proud to lift our cooperation to new heights,” said Brégier.

Airbus’ industrial footprint in China dates back to 1985, when the first product subcontracting agreement was signed with Xi’an Aircraft Company. The total value of industrial cooperation between Airbus and the Chinese aviation industry in 2017 amounts to nearly $600 million.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines – December 10, 2018

News Marines identify F/A-18 pilot killed in collision off Japanese coast, KC-130 crew still missing – Five Marines onboard a downed KC-130 are still missing following a midair collision between the Hercules aircraft and an F/A-18 fighter off the Japanese coast on Dec. 6.     Business Here’s latest on Lockheed’s massive long-range anti-ballistic missile...
 
 

News Briefs – December 10, 2018

U.S. Marines ID dead crew member in Japan warplanes crash The U.S. Marine Corps has identified a fighter pilot who died after his jet collided with a refueling aircraft during training off Japan’s coast, leaving five other Marines missing and one rescued. Two pilots were flying an F/A-18 Hornet that collided with a KC-130 Hercules...
 
 
Air Force photograph by Master Sgt. Jeremy T. Lock

Air Force proposes to base F-35s at Tyndall AFB

Supplemental funds needed to build advanced fighter base Following the damage to Tyndall Air Force Base, Fla., caused by Hurricane Michael, the Air Force is recommending that Congress use supplemental funding for rebuilding the...