Thu, Feb 20, 2014
Commits To Boosting Production Rates From 20 To 25 Percent
Airbus is increasing its share in the Harbin Hafei Airbus Composite Manufacturing Centre (HMC), from 20 to 25 per cent. The agreement was signed by Günter Butschek, Airbus Chief Operating Officer and Geng Ruguang, AVIC Executive Vice President.
The joint-venture which was set up in 2009 is between Airbus and a group of Chinese partners. AVIC (the Aviation Industry Corporation of China) is the holding group of major Chinese shareholding companies that own the center.
Following the agreement, the HMC will increase the production of A320 rudders from 50 per cent of the total production worldwide to 80 per cent. The two parties will also work toward ensuring the ramp up of the A350 XWB work packages at the HMC and also commit to exploring other opportunities.
“We are delighted Airbus has increased its equity in the joint-venture and plans to increase the production rates of the manufacturing center,” said Geng Ruguang, AVIC Executive Vice President. “Since it was set up in 2009, the Harbin Manufacturing Centre has progressed to become the best composite material aero-structures manufacturing facility in China. The roadmap Airbus and AVIC are envisaging will ensure the ongoing development of the manufacturing center.”
“We are pleased to increase the share in our joint-venture with AVIC companies as our partner,” said Günter Butschek, Airbus Chief Operating Officer. “The decision underlines our commitment to the joint-venture and its future. Through this project, we are enhancing cooperation with AVIC, which is one of our most important partners in China.”
More News
Airport Rotating Beacon A visual NAVAID operated at many airports. At civil airports, alternating white and green flashes indicate the location of the airport. At military airports>[...]
Aero Linx: Fly for the Culture Fly For the Culture, Inc. is a 501(c)(3) non-profit organization that serves young people interested in pursuing professions in the aviation industry>[...]
Klyde Is Having Some Issues Comprehending The Fed's Priorities FMI: www.klydemorris.com>[...]
Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]
Also: EP Systems' Battery, Boeing SAF, Repeat TBM 960 Order, Japan Coast Guard H225 Buy Despite nearly 100 complaints totaling millions of dollars of potential fraud, combined with>[...]