Airbus helped mark a French state visit to China with new sales and production agreements in the country. [Courtesy: Airbus]
Key Takeaways:
Airbus secured agreements to increase A320 family jet production at its Tianjin, China plant by adding a second assembly line, and to deliver 160 aircraft to Chinese airlines.
The agreements also include plans to intensify Chinese-European cooperation on the production, application, and standardization of sustainable aviation fuel (SAF).
These strategic moves aim to capitalize on China's high forecasted aviation growth and help Airbus achieve its global production goal of 75 aircraft per month by 2026.
Airbus has entered agreements to increase production of its A320 family of jets at the company’s assembly plant in Tianjin, China, and to deliver 160 aircraft to Chinese airlines, the manufacturer announced Thursday.
The agreements also include plans to “intensify Chinese-European cooperation” in the production and use of sustainable aviation fuel.
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Jonathan Welsh is Lead Editor of Aviation Consumer and a private pilot who worked as a reporter, editor and columnist with the Wall Street Journal for 21 years, mostly covering the auto industry. His passion for aviation began in childhood with balsa-wood gliders his aunt would buy for him at the corner store. Follow Jonathan on Twitter @JonathanWelsh4
