>> ASIAONE / BUSINESS / NEWS / STORY
Airbus to deliver its first made-in-China plane
Mon, Jun 22, 2009
AFP

BEIJING - European aviation giant Airbus will deliver the first A320 airplane assembled at its factory in China tomorrow, in a symbolic event further marking the nation's global rise.

The first plane to be made at its plant in northern Tianjin, the only Airbus factory outside Europe, will be delivered to Dragon Aviation Leasing and will be flown by Sichuan Airlines, a regional Chinese air carrier.

The plane took its first test flight last month with the first Chinese test engineer trained by Airbus.

Ten middle-distance A319/320 aircraft will be delivered by the end of the year, before the factory starts to churn out up to four planes a month before the end of 2011.

The Tianjin plant, modelled on Airbus' factory in Hamburg, Germany, has an investment of nearly 10 billion yuan (S$2.1 billion).

It went into operation last September in the presence of Chinese Premier Wen Jiabao.

The joint-venture factory, about 120km south-east of Beijing, is 51 per cent owned by Airbus, a subsidiary of European group EADS, and 49 per cent owned by a Chinese aviation consortium.

The venture has revealed the extent that Airbus had gone to to get a foothold in one of the world's most dynamic markets.

At the inauguration, Airbus chief executive officer Thomas Enders said the company's "new house" would become "the jump-off point for the future development of Airbus in China and in the region".

 

 
STORY INDEX
 
  Airbus to deliver its first made-in-China plane
   
 
  Faster upgrades for estates
   
 
  Hollywood studio Paramount axes top executives
   
 
  Michelin may open India factory in 3 years: CEO
   
 
  Cool reaction in S'pore to Obama reforms
   
 
  1st use of legal costs insurance
   
 
  SE Asian mutual funds to rise by 56%
   
 
  Prosecutors want delay in Madoff restitution decision
   
 
  Taiwan's income gap at record high: report
   
 
  Will pause refresh Wall Street rally?
   
>> RELATED STORY
Airbus to deliver its first made-in-China plane
China to train housekeepers to reduce 40-mln jobless: report
China raises tax rebates on over 600 export lines
China's ICBC to buy 70% of BEA's Canadian arm
Taiwan says China to purchase US$2.2 billion goods

Elsewhere in AsiaOne...

Investor Relations: Riding the regional aviation boom

News: Residents in central China protest over death

Wine,Dine&Unwind: Finding oneself in the shadow of a monk

Travel: 'Evil' China sex park torn down

Health: HFMD outbreak in China

Motoring: Used car exporter in China tie-up

Digital: Beijing seeks volunteers to monitor Internet

Multimedia: 16 killed in China ahead of Games

 

We welcome contributions, comments and tips.
a1admin@sph.com.sg