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Friday Nov 22, 2024

Airbus Expands Operations with China


Nepalnews
2023 Sep 28, 9:55, TIANJIN
Photo via AP

Airbus on Thursday broke ground on its second final assembly line in north China's Tianjin Municipality as the European aircraft manufacturer seeks expansion on the Chinese market.

The groundbreaking marks another milestone after Airbus signed an agreement on the project with Tianjin Free Trade Zone Investment Company Ltd. and Aviation Industry Corporation of China, Ltd. in April 2023.

The expansion project is planned to enter into service at the end of 2025, Airbus said in a statement.

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Airbus final assembly line North China Tianjin Municipality European aircraft manufacturer Chinese market Aviation Industry Corporation of China
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