China and Airbus expand their partnership in civil aviation

March 26, 2019: China Aviation Supplies Holding Company (CAS) has entered into a General Terms Agreement (GTA) with European aircraft manufacturer Airbus covering the purchase by Chinese airlines of a total of 300 Airbus aircraft. The GTA comprises of 290 A320 family aircraft and 10 A350 XWB family aircraft, reflecting the strong demand in all […]

China and Airbus expand their partnership in civil aviation
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March 26, 2019: China Aviation Supplies Holding Company (CAS) has entered into a General Terms Agreement (GTA) with European aircraft manufacturer Airbus covering the purchase by Chinese airlines of a total of 300 Airbus aircraft.

The GTA comprises of 290 A320 family aircraft and 10 A350 XWB family aircraft, reflecting the strong demand in all market segments including domestic, low cost, regional and international long haul from Chinese carriers.

According to Airbus' latest China Market Forecast 2018 to 2037, China will need some 7,400 new passenger and freighters aircraft in the next 20 years.

It represents more than 19 percent of the world total demand for over 37,400 new aircraft.

By the end of January 2019, the in-service Airbus fleet with Chinese operators totaled some 1,730 aircraft, of which 1,455 are A320 Family, and 17 are A350 XWB Family planes.

The single aisle aircraft family A320 family incorporates the latest technologies, including new generation engines and offers environmental benefits with nearly a 50 percent reduction in noise footprint compared to previous generation aircraft.

The widebody aircraft A350 XWB helps with 25 percent reduction in fuel burn and emissions, along with latest aerodynamic design, carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. It features 300 to 400 seats.

The GTA was signed in Paris, France by Guillaume Faury, president of Airbus Commercial Aircraft and future Airbus CEO; and Jia Baojun, chairman of CAS; in the presence of visiting Chinese President Xi Jinping and French President Emmanuel Macron.

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