Industry Airbus and China expand partnership with big aircraft order
Airbus and China Aviation Supplies Holding Company (CAS) have signed a new agreement for the purchase of 300 Airbus aircraft.
The agreement is a further demonstration that both Airbus and China want to deepen their partnership. Throughout a visit of Chinese President Xi Jinping, a General Terms Agreement (GTA) was signed for 300 aircraft in Paris, France. 290 A320 Family aircraft and 10 A350 XWB Family aircraft have been ordered for Chinese carriers.
“We are honoured to support the growth of China’s civil aviation with our leading aircraft families – single-aisle and widebodies,” said Guillaume Faury, President of Airbus Commercial Aircraft and future Airbus CEO. “Our expanding footprint in China demonstrate our lasting confidence in the Chinese market and our long-term commitment to China and our partners.”
Last year, Airbus forecasted, that the Chinese civil aviation market will need some 7,400 new passenger and freighter aircraft in the next 20 years. The Chinese aviation industry is the most dynamic market in the branch, and this GTA is an essential move for Airbus, as Chinese airlines preferably ordered Boeing planes in the past decades.
Airbus wrote in a statement that by the end of January 2019 the Airbus fleet with Chinese operators totalled 1,730 aircraft, of which 1,455 are A320 Family and 17 A350 XWB Family aircraft.
Which airlines are going to receive the respective aircraft is yet to be published by the manufacturer. However, the order shows that the demand for the Country´s airlines is strong in all market segments, including domestic, low-cost, regional and international long-haul.
Airbus´ A320 Family is the most successful single-aisle aircraft family in the world. More than 14,600 aircraft have been ordered, and 8,600 have been delivered to customers around the world. In 2010, Airbus launched a new version of the A320 Family, the A320neo. The NEO Family features new aerodynamic advantages, sharklets and new engines. Altogether, the A320neo Family aircraft are likely to deliver 20 per cent in fuel cost savings alone.
The A350 XWB is another eco-efficient aircraft by the European aircraft manufacturer. It seats between 300 and 400+ passengers and is a leader in the large wide-body market. The A350 XWB Family consists of the A350-900 and A350-1000. Singapore Airlines has also ordered seven A350 ULR (Ultra Long Range) to open a new chapter in non-stop air travel.
Source © airbus.com