Airbus might setup an assembly line in China
European airline manufacturer Airbus has gone into a deal with the Chinese Premier Wen Jiabao on Sunday. They would now be studying the possibilities of setting up an assembly line in China. If this indeed happens, it would be for the first time that Airbus planes would be built outside Europe.
Wen signed an agreement to carry out this study and they would be aiming to get the approval for the Chinese orders for 70 A320-family single-aisle Airbus aircraft worth $5 billion. Airbus and Chinese authorities would now be reviewing the possibilities of setting up a second A320 assembly line in China. The study is expected to take around six months.
Airbus planes are currently manufactured in Toulouse or Hamburg, Germany. Airbus has also announced that they have committed to the Chinese government to boost the number of components they purchase from the country in the next couple of years. Gustav Humbert, Airbus president and chief executive officer said at the occasion: “We are very pleased to enter into discussions about possible next steps of co-operation with our Chinese industrial partners who, over the years, have developed real industrial competence on which we can now draw.â€