The European aircraft manufacturer signed an agreement with the Tianjin Free Trade Zone Investment Company and Aviation Industry Corporation of China to expand production capacity for the A320 airliner family with a second assembly line in Tianjin.
Despite pressure on Europe from the Biden administration to isolate Beijing, Airbus entered the partnership, which highlighted the critical importance of China as a market for European companies.
In the presence of Macron and China's President Xi Jinping, the agreement was signed in Beijing by Airbus's Chief Executive, Guillaume Faury, who was part of an economic delegation that also comprised President Ursula von der Leyen of the European Union, as well as 50 French business leaders. It will help the company meet its global production rate objective of 75 aircraft per month in 2026.
This story is from the May 2023 edition of Cruising Heights.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 2023 edition of Cruising Heights.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
New Terminal for Dehradun
The newly constructed terminal building at Dehradun Airport was officially inaugurated on February 14, representing a significant step forward in enhancing infrastructure and connectivity in the northern state.
Gearing up for Propulsive Efficiency ROLLS
Aero-engine manufacturers are accelerating the development of next-generation powerplants for commercial aviation. A special report
Mission Gaganyaan: ISRO gets back to work
The Indian human spaceflight programme has the potential to create an all-new aerospace ecosystem for setting up associated industries, boosting thousands of MSMEs in the sector and creating at least 15,000 jobs for Indian youth related to the domain. An in-depth report
Greenwash or Sustainability?
As the pressure to reduce their carbon footprint grows on airlines, the industry grapples with a complex set of options with no clear visible goal in sight. As things stand, the 2050 zero carbon goal seems pretty elusive.
Air Power and India's Northeast
India’s Northeast is being connected to the rest of India as never before. With the operationalisation of Hollongi Airport in Arunachal Pradesh state's capital of Itanagar, every state in the region is now connected with the rest of India. A report on the region and its aviation potential.
The real regional CONTENDERS
ATR and Embraer are bullish on market prospects for their regional transport aircraft A Special report
WINGS INDIA FLIES
The 2024 edition of Wings India conducted in February in Hyderabad saw the participation of all the industry heavyweights. There were a few orders and some interesting announcements. A Special report.
A321XLR: Likely delay in delivery!
Touted as a game-changer that could see single-aisle long-haul travel, the A321XLR has hit a roadblock in the form of regulatory issues surrounding its additional fuel tank that was to be fused directly into the fuselage. Added to that are supply chain woes. When all that was settled came news that the certification process has extended the timeline, with Airbus CEO Guillaume Faury acknowledging that the process is taking longer than initially anticipated. The aircraft could now see a delay in the entry for service with the timeline moving to likely late 2024. An insight into the developments.
New Terminal for Dehradun
The newly constructed terminal building at Dehradun Airport was officially inaugurated on February 14, representing a significant step forward in enhancing infrastructure and connectivity in the northern state.
Gearing up for Propulsive Efficiency
Aero-engine manufacturers are accelerating the development of next-generation powerplants for commercial aviation. A special report
