Airbus won another 160 large orders in China! Added the second A320 final assembly line in Tianjin!
Witnessed by Chinese President Xi Jinping and visiting French President Emmanuel Macron, Airbus signed a new cooperation agreement with Chinese aviation industry partners.
Airbus CEO Faury signed an agreement with Tianjin Free Trade Zone Investment Co., Ltd. and Aviation Industry Corporation of China to build a second production line for Airbus in Tianjin to expand the final assembly capacity of A320 series aircraft and provide Airbus with a global network of aircraft by 2026. Contribute to the realization of the total target of producing 75 A320 series aircraft per month. low price airport LED cable connector,
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At present, Airbus has four A320 series aircraft assembly facilities in the world, located in Hamburg, Germany, Toulouse, France, Mobile, USA and Tianjin, China. The Airbus Tianjin Final Assembly Line (Asian Final Assembly Line) was put into operation in 2008, and has completed the final assembly of more than 600 A320 series aircraft. In March 2023, the Airbus Tianjin final assembly line completed the final assembly and delivered the first A321neo aircraft, marking that its production capacity has fully covered the A320 series aircraft.
In addition, Airbus also signed a bulk purchase agreement with China Aviation Supplies Corporation (CAS) for 160 Airbus civil aircraft, including 150 A320 series aircraft and 10 A350-900 wide-body aircraft, demonstrating the importance of Chinese airlines in Strong demand across all market segments.
Airbus predicts that in the next 20 years, the average annual growth rate of China's air traffic volume will reach 5.3%, significantly higher than the world average of 3.6%. From now to 2041, China's demand for passenger and cargo aircraft is expected to reach 8,420, exceeding the total global demand (about 39,500) by more than 20%.
Adhering to the sustainable development strategy, Airbus also signed a memorandum of cooperation with China Aviation Fuel Group Co., Ltd. (hereinafter referred to as "CAO"), which will strengthen the production, application and general standard formulation of sustainable aviation fuel (SAF) between China and Europe. aspects of cooperation. In September 2022, Airbus and CAO signed an agreement to use SAF fuel to support commercial flights and delivery flights in China. As of the end of March 2023, the two parties have cooperated to complete 17 delivery flights and one commercial flight using SAF fuel. This time, Airbus and CAO will join hands again to explore the diversification of SAF fuel sources, increase SAF fuel production, optimize the supply chain of SAF fuel, and strive to increase the proportion of SAF fuel usage to 10% by 2030.
"We are honored to be able to support the development of China's civil aviation with our leading series of civil aircraft products and continue to deepen our long-term cooperation in China. This reflects the positive recovery momentum and bright prospects of the Chinese aviation market, and the use of Airbus' new generation of environmentally friendly and efficient The desire to achieve sustainable development of aircraft." Airbus CEO Faury said, "Airbus values its partnership with China's aviation industry. We are honored to be China's long-term reliable strategic partner and jointly shape China's aviation industry. the future of the industry.”
It has been nearly 40 years since the Airbus A310 aircraft was delivered to the East China Administration of Civil Aviation, the predecessor of China Eastern Airlines, in 1985. It has been nearly 40 years since Airbus entered the Chinese market for the first time. As of the end of March 2023, the number of Airbus in-service fleets in mainland China has increased to more than 2,100, with a market share of more than 50%.