Is Airbus a happy winner in the US – Chinese trade war?
Airbus lifts its partnership with China to new heights
On August 28 Reiters reported if the United States and China can settle their trade war, it would mean for Boeing to be the recipient of a very substantial and lucrative aircraft order from China.
This hasn’t happened, so the European rival Airbus seems to be a winner in this U.S. – Chinese dispute.
Today Airbus reaffirms its commitment to its long-term strategic partnership with China’s aviation industry and has signed new agreement with AVIC to deepen industrial cooperation on Airbus single aisle production. The agreement was signed at the Great Hall of the People in Beijing, witnessed by Chinese Premier Li Keqiang and visiting German Chancellor Angela Merkel.
The cooperation with AVIC will enhance Airbus Single Aisle aircraft (A319/A320) fuselage equipping in Tianjin, China. The first delivery of a China-equipped Airbus Single Aisle aircraft (A319/A320) fuselage is scheduled in Q2 of 2021. The signature is a milestone in Airbus and China’s win-win partnership, which stands to benefit the aviation industry of both parties in terms of scale and quality.
Industrial co-operation between Airbus and Chinese aviation industry on commercial aircraft dates back to 1985 at the signing of the first sub-contracting agreement with Xi’an Aircraft Company (currently AVIC Aircraft Co.Ltd) on manufacturing and assembling access doors for Airbus A300/A310 wide-body aircraft.
The total value of industrial cooperation between Airbus and the Chinese aviation industry reached US$900 million in 2018.