Airbus, China Sign Agreement to Strengthen Production Partnership
06 November 2019 - 08:55PM
Dow Jones News
By Olivia Bugault
Airbus SE (AIR.FR) said Wednesday that it has signed a
memorandum of understanding with the National Development and
Reform Commission of China to strengthen the partnership between
the European plane maker and China.
Under the MoU, Airbus and China agreed to "to take practical and
effective measures for new initiatives regarding both Airbus
single-aisle and widebody aircraft," the company said. Airbus'
assembly line in Tianjin is on track to increase its A320 family
jets' production to six per month by the end of next year, it
said.
"A350 XWB capabilities will be extended into the Airbus Tianjin
wide-body Completion and Delivery Centre from the second half of
2020," Airbus added.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
November 06, 2019 04:40 ET (09:40 GMT)
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