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Airbus | China | Partnerships & Consortia | Satellites & Sensors | Transport & Utility

EADS Extends Chinese “Strategic Partnership”

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DID has just finished covering the agreement between EADS and China to jointly develop the EC175 helicopter, which could be worth EUR 10 billion over the program’s lifetime. Other programs underway and recent developments that are deepening what EADS described as a “strategic partnership” include: * On the occasion of the visit of Chinese Prime Minister Wen Jiabao to France yesterday EADS also signed a firm commitment from CASC to purchase 150 A320 family aircraft; to date, this is the largest order for Airbus aircraft in China and throughout the world. * An agreement between Airbus and the NDRC (National Development & Reform Commission of China), which includes the possibility of establishing a final assembly line for single-aisle aircraft in China. * Airbus says it’s is committed to increasing its share of purchases in China within existing programs – up to $60 million/year beginning in 2007 and up to $120 million/year starting in 2010. * In July 2005, Airbus inaugurated an engineering center in Beijing and has offered China the opportunity to take a 5% stake in the new A350 program. See for further details regarding recent Airbus developments and agreements in China. In addition: * EADS has chosen […]

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