EUROPE's airbus moved to double capacity in China and strengthen access to the world's second-largest aviation market by agreeing to build a second Chinese assembly line, as domestic travel returns to normal, reports Reuters.
The world's largest planemaker, which has overtaken Boeing as a supplier to China amid tensions between Washington and Beijing, also got the go-ahead to deliver 160 jets already sold but failed to win new orders during a French state visit.
'The recovery here is quite impressive. We see very strong momentum,' Airbus CEO Guillaume Faury told reporters during his first visit to China since the Covid crisis.
Airbus says China's traffic will grow by 5.3 per cent annually over the next two decades, outstripping a global average of 3.6 per cent. Toulouse-based Airbus has been assembling its best-selling A320-family planes in Tianjin outside the capital since 2008.
SeaNews Turkey
The world's largest planemaker, which has overtaken Boeing as a supplier to China amid tensions between Washington and Beijing, also got the go-ahead to deliver 160 jets already sold but failed to win new orders during a French state visit.
'The recovery here is quite impressive. We see very strong momentum,' Airbus CEO Guillaume Faury told reporters during his first visit to China since the Covid crisis.
Airbus says China's traffic will grow by 5.3 per cent annually over the next two decades, outstripping a global average of 3.6 per cent. Toulouse-based Airbus has been assembling its best-selling A320-family planes in Tianjin outside the capital since 2008.
SeaNews Turkey