Airbus signs jet financing deal with ICBC

Leading European aircraft maker Airbus signed an agreement with the Industrial and Commercial Bank of China (ICBC) yesterday to provide financing to supply 70 A320 jets to mainland purchasers.
The initial aircraft from the Tianjin production line, the first Airbus production line outside of Europe, are due to be delivered today, and the plant will produce [...]

Airbus to deliver first made-in-China airplane

European aircraft maker Airbus will deliver its first middle-distance aircraft to be entirely assembled in China on Tuesday.
The A320 airplane, which was made at a factory in northern Tianjin, will be delivered to Dragon Aviation Leasing and will be flown by regional carrier Sichuan Airlines. Ten middle-distance A319/320 aircraft are expected to be delivered by [...]

Corruption charges claim Chinese official

The top Communist Party official in charge of the Tianjin Binhai New Area has been fired and expelled from the Party over corruption charges.
Pi Qiansheng had been under investigation before his firing for “serious discipline violations.” Removal from the Communist Party suggests that internal investigations have been completed and that Pi’s case will be sent [...]

First made-in-China A320 makes maiden flight

The first Airbus plane built outside Europe made a successful four-hour maiden flight on Monday in China.
Airbus has been assembling A320 jets in Tianjin since September using fuselage parts shipped from Europe. “This A320 assembled in China unquestionably demonstrated the same quality and performance as those assembled and delivered in Hamburg or Toulouse,” Fernando [...]

Airbus to maintain Tianjin manufacturing schedule

Despite a global downturn in aircraft demand, Airbus does not plan to change the output target at its Tianjin facility despite a plan to trim production of the A320 family of aircraft, says Laurence Barron, Airbus China president. The Airbus A320 final assembly line in Tianjin will deliver its first aircraft in June and roll [...]

China XAC to “fully complete” Airbus A320 wings

During Premier Wen Jiabao’s “trip of confidence” to Europe, Airbus and Xi’an Aircraft Industry Company (XAC) penned a cooperation agreement in London to have the A320 family of commercial jet wings “fully completed and tested” in China. Wing equipping and testing will be performed at a new facility to be build in Tianjin close to [...]