Airbus reaffirms its commitment to its long-term strategic partnership with China’s aviation industry, and has signed new agreement with AVIC to deepen industrial cooperation on Airbus single aisle production. The agreement was signed at the Great Hall of the People in Beijing, witnessed by Chinese Premier Li Keqiang and visiting German Chancellor Angela Merkel.
The cooperation with AVIC will enhance Airbus Single Aisle aircraft (A319/A320) fuselage equipping in Tianjin, China. The first delivery of a China-equipped Airbus Single Aisle aircraft (A319/A320) fuselage is scheduled in Q2 of 2021. The signature is a milestone in Airbus and China’s win-win partnership, which stands to benefit the aviation industry of both parties in terms of scale and quality.
Industrial co-operation between Airbus and Chinese aviation industry on commercial aircraft dates back to 1985 at the signing of the first sub-contracting agreement with Xi’an Aircraft Company (currently AVIC Aircraft Co.Ltd) on manufacturing and assembling access doors for Airbus A300/A310 wide-body aircraft.
Key data points: The growth forecast = 38.7% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in eVTOL aircraft market to 2031 by propulsion type (battery-electric, hybrid-electric, and hydrogen-electric), mode of operation (piloted, autonomous, and semi-autonomous), lift technology (vectored thrust, multirotor, and lift plus cruise), application (commercial, military, emergency medical service, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesThe total value of industrial cooperation between Airbus and Chinese aviation industry reached US$900 million in 2018.
