Airbus eyes more deals with Chinese firms as Macron starts visit

Updated 2018-01-08 14:01:06

European aircraft manufacturer Airbus SE said it hopes to cooperate with more Chinese local suppliers, when French President Emmanuel Macron embarks on a three-day tour in China starting Monday, along with a number of executives, including Airbus.

A few Chinese companies have become or on course to become new suppliers of Airbus, and they will directly provide parts to the Airbus planes globally.

By the end of 2017, the total output from the cooperation between Airbus and Chinese industrial players reached 2 million from 0 million in 2010, according to Airbus.

Currently, Airbus takes about half of market share in China, compared with 9 percent in 1996. Its industrial cooperation with China has greatly helped in lifting its market share against archrival Boeing Co of the United States.

"China accounts for one fourth of our market. We hope to cooperate with more local Chinese suppliers. The Chinese government also encouraged us to cooperate with more Chinese private enterprises," said Francois Mery, chief operating officer of Airbus Commercial Aircraft China.

In late last year, Xizi UHC, a private company based in Hangzhou, Zhejiang province, got approval to provide wing ribs for the single-aisle aircraft of Airbus.

Nanshan Group, a Shandong province-based Chinese private manufacturing conglomerate, will produce aluminum extrusion raw materials for Airbus. Now, it is under the process of getting the qualification, and is expected be approved this year, Mery said.

Meanwhile, AVIC Composite Corp Ltd will produce honeycomb for cabin interior of Airbus planes, and it is expected to be approved this year.

AVIC Shaanxi Hongyuan Aviation Forging Co Ltd, which has been cooperating with Airbus for more than a decade, is likely to provide forging parts for its single-aisle aircraft.

On the other hand, Airbus is expected to establish industrial cooperation relationship with China for its A380 aircraft, as the company hopes that Chinese airlines could become new customers to book the superjumbo. The issue will be discussed between China and Airbus executive in the coming days, according to the report of Financial Times.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58February 23 2018 04:37:22

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16February 23 2018 04:37:22

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18February 23 2018 04:37:22

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords