Airbus China Agreement

The final assembly of the Airbus A319 and A320 in Tianjin, in China, includes enhanced hull equipment based on an agreement signed with AVIC in 2019 with Airbus CEO Guillaume Faury, who shakes hands with the chairman of China`s National Development and Reform Commission He Life after signing an agreement in the Great Citizens Hall during French President Emmanuel Macron`s official visit to Beijing on May 6. On November 17, 2019, Airbus said in a statement that it has signed an agreement with China Aviation Supplies Holding Company, which has signed the purchase of Airbus aircraft by Chinese airlines, including 290 A320 aircraft, and ten A350 XWB Jets. Airbus reaffirms its commitment to its long-term strategic partnership with the Chinese aviation industry and has signed a new agreement with AVIC on deepening industrial cooperation in Airbus` single-board production. The agreement was signed in the Great People`s Hall of Beijing, which was visited by Chinese Premier Li Keqiang and German Chancellor Angela Merkel. Industrial cooperation between Airbus and the Chinese aviation industry on commercial aircraft dates back to 1985, when the first sub-contract was signed with Xi`an Aircraft Company (currently AVIC Aircraft Co.Ltd) for the manufacture and assembly of access doors for Airbus A300/A310 wide-body aircraft. During a visit by Chinese President Xi Jinping to Paris, an agreement was signed for the purchase of aircraft for the A320 and A350 XWB. The agreement “establishes the framework for authorizing aircraft ordered by Chinese airlines, whether they are existing or future orders,” a spokesman said. . The agreement between Airbus and China Aviation Supplies Holding Company, which regularly coordinates high-level business during diplomatic visits, includes 290 A320 Family aircraft and 10 a350 long-range aircraft. John Pfeifer, currently President and Chief Operating Officer, has been appointed to succeed Jones and will assume the role of CEO, effective April 2. He will retain the title of president. Analysts say that over time, Beijing tends to balance the United States.