Airbus and China strengthen their partnership
JULY 4, 2015: Airbus reaffirmed its strong commercial and industrial ties to China, building on a successful relationship with the country to further establish the company’s position as a leader in this rapidly-developing market for commercial aviation. With two separate agreements announced this week between Airbus and its Chinese partners, the company received it’s largest-ever A330 commitment for China, while also creating the framework for setting up an A330 completion and delivery centre in Tianjin. “Following our successful cooperation projects in China, most notably the A320 Family final assembly line, our partnership with China is expanding to a new area,” said Airbus President and Chief Executive Officer, Fabrice Brégier. The agreement with the Tianjin Free Trade Zone Investment Company Ltd. (TJFTZ) and the Aviation Industry Corporation of China (AVIC) is another step forward in relationship that has already led to the successful A320 Final Assembly Line in Tianjin, the first such Airbus’ site situated outside of Europe. To be located near the site of this existing final assembly line, the completion and delivery centre is expected to employ approximately 250 people and will cover such activities as aircraft reception, cabin installation, painting, engine runs and flight testing, as well as aircraft delivery and customer acceptance. Structural assembly for A330 Family aircraft to be completed in Tianjin will occur at the current site – the Clément Ader Final Assembly Line in Toulouse, France – before the aircraft fly to China. As a truly global company, the new completion and delivery centre will boost Airbus’ operations around the world – bringing the company closer to customers in a key aviation market to generate more business, which benefits Airbus’ production and assembly sites in Europe. The week’s other major announcement marked an important step in continuing the A330 Family’s ongoing success as China Aviation Supplies Holding Company signed a General Terms Agreement for 45 A330s, as well as an additional Memorandum of Understanding covering options for 30 A330 aircraft. These commitments for A330ceo (current engine option) jetliners will help Airbus’ sustain its stable production rate of six aircraft per month as it transitions to assembly of A330neo (new engine option) jetliners in the 2016-2018 timeframe.