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Airbus and China aviation industry sign next phase in partnership

Apr 14,2023

Witnessed by Chinese President Xi Jinping and French President Emmanuel Macron, Airbus CEO, Guillaume Faury signed with the Tianjin Free Trade Zone Investment Company Ltd., and Aviation Industry Corporation of China Ltd., an agreement to expand A320 Family final assembly capacity with a second line at its Tianjin site. The agreement will contribute to Airbus¡¯ overall rate objective of 75 aircraft per month in 2026 throughout its global production network.

Currently, Airbus has four A320 Family final assembly sites worldwide: Hamburg (Germany), Toulouse (France), Mobile (USA) and Tianjin (China). The Tianjin Final Assembly Line (FAL Asia) started operation in 2008 and has assembled over 600 A320 Family aircraft to date. In March 2023 the first A321neo aircraft was delivered from the line, marking a new era of enhanced A320 Family production versatility.

In addition, Airbus also signed General Terms of Agreement (GTA) with the China Aviation Supplies Holding Company (CAS) covering the purchase of 160 Airbus commercial aircraft. The GTA comprises earlier announcements for 150 A320 Family aircraft and for 10 A350-900 widebody aircraft orders, reflecting the strong demand in all market segments by Chinese carriers.

Over the next 20 years, China¡¯s air traffic is forecast to grow at 5.3% annually, significantly faster than the world average of 3.6%. This will lead to a demand for 8,420 passenger and freighter aircraft between now and 2041, representing more than 20 percent of the world's total demand for around 39,500 new aircraft in the next 20 years.

Under this background, The 13th Annual Civil Aircraft Industry International Forum 2023 will be held in Chengdu City, Sichuan Province in April 25th-26th, 2023.This forum aims to face the current severe international situation and the development challenges of the 14th Five-Year Plan and Vision 2035, mobilize all parties in the industry to work together, seize the opportunities and jointly promote the rapid development of China's civil aviation industry.

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