Categories: Economy

France’s China move to anger the US

Airbus expands production in China

During the visit of French President Emmanuel Macron to China, agreements were reached in the civil aviation sector between the two countries.

European aircraft manufacturer Airbus has announced that it will double its production capacity by adding a new assembly line to its factory in Tianjin, China.

Meanwhile, Beijing has reportedly approved the purchase of 160 passenger planes by Chinese companies from Airbus. In this context, 150 “A320” type and 10 “A350-900” type passenger aircraft will be delivered to Chinese airlines.

The agreements were announced by Airbus Chief Executive Guillaume Faury, who was in the business delegation that attended Macron’s visit.

COMPETITIVE ADVANTAGE AGAINST US BOEING

“Expanding production is of great importance to us. The Chinese market is growing. We will have the opportunity to provide more products to both national airlines and other customers in the region.” saying.

The move by European planemaker Airbus is expected to give the company a competitive advantage in the Chinese market at a time when American rival Boeing is hurt by rising tensions in Washington’s relations with Beijing.

The production plant that Airbus dubbed the “Final Asian Assembly Line” (FALA) in Tiencin began operations in 2008. In addition to the A320 family of narrow-body, medium-haul airliners, passenger planes are manufactured at the plant. A350 widebody.

China’s “big three” state airlines, AirChina, China Southern and China Eastern, pledged to buy a total of 292 Airbus planes last year. The agreement reached during Macron’s visit includes some of the requests within this scope. (AA)

USA Asia China President France Airliner Airliner

Source: Sozcu

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