What Happened
European Aircraft Maker Deepens Industrial Partnership
Airbus has delivered its first A320neo aircraft from its second final assembly line in Tianjin, China, marking a significant milestone in the company’s expansion in the country. The delivery highlights the growing importance of China’s aviation industry for Airbus, with the company targeting a production rate of 75 aircraft a month by 2027. According to Erik Buschmann, Airbus senior vice-president and Airbus China chief operating officer, the company is very happy with the resilience of the Chinese supply chain, which is central to the investment’s longer-term significance. This development was reported by China Daily.