Air Transport World

Airbus, China move closer with order, A350 cooperation.(Brief article)

China's government placed firm orders for 110 A320 family aircraft and 40 A330s valued at approximately $15 billion and also signed an MOU with the manufacturer stipulating that Chinese industry will take a 5% stake in A350 XWB production.

The announcements of the large aircraft order and industrial cooperation on the A350 coincided with high-profile meetings in late November in Beijing between French President Nicolas Sarkozy and Chinese President Hu Jintao. According to Airbus, a joint venture will be established in Harbin in 2009 with AVIC II subsidiary Harfei Aviation Industry Co. …

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