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AIR Airbus SE

157.06
-1.46 (-0.92%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.46 -0.92% 157.06 157.00 157.70 158.38 153.72 158.00 1,451,375 16:40:00

Airbus, China Sign Agreement to Strengthen Production Partnership

06/11/2019 9:55am

Dow Jones News


Airbus (EU:AIR)
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By Olivia Bugault

 

Airbus SE (AIR.FR) said Wednesday that it has signed a memorandum of understanding with the National Development and Reform Commission of China to strengthen the partnership between the European plane maker and China.

Under the MoU, Airbus and China agreed to "to take practical and effective measures for new initiatives regarding both Airbus single-aisle and widebody aircraft," the company said. Airbus' assembly line in Tianjin is on track to increase its A320 family jets' production to six per month by the end of next year, it said.

"A350 XWB capabilities will be extended into the Airbus Tianjin wide-body Completion and Delivery Centre from the second half of 2020," Airbus added.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 06, 2019 04:40 ET (09:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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