Airbus inks deal for 160 aircrafts from China
2023-04-10 14:20:46 [Print]
On April 6, Airbus signed an agreement with China Aviation Supplies Holding Co
Meanwhile, Airbus signed contracts with Tianjin Port Free Trade Zone Investment Co., Ltd . and Aviation Industry Corporation of China to build the second production line in Tianjin.
. to offer 160 Airbus commercial aircrafts . Airbus believed that in the coming twenty years, China's air traffic would grow at an average annual rate of 5 . 3%, significantly higher than the world average traffic growth rate of 3 . 6% . Moreover, China is expected to demand 8,420 commercial and cargo aircrafts from now to 2041, which would account for more than 20% of the global total demand.Meanwhile, Airbus signed contracts with Tianjin Port Free Trade Zone Investment Co., Ltd . and Aviation Industry Corporation of China to build the second production line in Tianjin.