Airbus Expands Global Reach with New Assembly Line in China
Airbus has launched a second assembly line in Tianjin, China, boosting its manufacturing capacity for A320neo jets. This move is part of a global strategy to increase production to 75 planes per month by 2027, amid international trade tensions and competition with Boeing and COMAC.
Airbus has announced the opening of a new assembly line in Tianjin, China, significantly enhancing its production capabilities for the A320neo series of jets. The decision underscores Airbus's strategy to diversify production across ten global assembly lines.
This expansion aligns with Airbus's ambitious goal to manufacture 75 aircraft per month by 2027, up from the current production rate of 60 planes per month. The move also reflects the company's intention to strengthen its foothold in the competitive aerospace market, where rivals Boeing and COMAC continue their production efforts.
The launch of this assembly line was marked by a ceremony attended by Airbus CEO Guillaume Faury, who emphasized the importance of flexibility and capacity in achieving production targets. The opening occurs amidst ongoing trade tensions between the United States and China, adding a layer of complexity to international business operations.
(With inputs from agencies.)
- READ MORE ON:
- Airbus
- A320neo
- assembly line
- production
- China
- Tianjin
- global expansion
- trade tensions
- Boeing
- COMAC
ALSO READ
MORNING BID EUROPE-China's property pain sours year-end mood
UPDATE 1-China urges Gulf nations to seal free trade agreement
China, Hong Kong stocks fall on gloomy economic data, Vanke default risks
TIMELINE-Hong Kong's legal clampdown on Jimmy Lai, tycoon and China critic
NEWSMAKER-Jimmy Lai, Hong Kong tycoon and democratic firebrand who stood up to China

