financetom
Business
financetom
/
Business
/
Airbus opens second jet assembly line in China as it targets production growth
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Airbus opens second jet assembly line in China as it targets production growth
Oct 21, 2025 11:22 PM

BEIJING/PARIS, Oct 22 (Reuters) - Airbus said

on Wednesday it had opened a second assembly line in China,

increasing manufacturing capacity for its best-selling A320neo

family of single-aisle jets.

The new line completes a jigsaw of 10 global final assembly

lines that Airbus says will be involved in a production drive,

including two each in the U.S. and China.

The second Chinese line in the port city of Tianjin near

Beijing is set to be fully operational in early 2026, the

European planemaker said in a statement.

Its inauguration comes just over a week after Airbus opened

a second final assembly line in Mobile, Alabama.

Airbus CEO Guillaume Faury said the second Tianjin

production line would give the planemaker the "flexibility and

capacity we need to reach our target of 75 A320-family aircraft

per month by 2027," as he reiterated a global production goal.

Analysts estimate Airbus is currently producing about 60 of

the single-aisle planes per month. The A320neo family competes

against Boeing's ( BA ) 737 MAX and Chinese planemaker COMAC's

C919 models, which have lower production rates.

Faury attended an opening ceremony at the Tianjin factory

that featured giant European Union and Chinese flags behind the

speakers.

A day earlier, Faury met with Chinese Commerce Minister Wang

Wentao, the ministry said in a statement.

During the meeting, Wang stressed that rising economic

fragmentation and unilateral, protectionist moves were

unsettling global trade and adding instability and uncertainty,

the ministry said on Wednesday.

Airbus committed to expanding its presence in China and

contributing to China-France and China-Europe trade ties, the

ministry added. Airbus declined to comment on details of the

meeting.

Industry sources said this month that the back-to-back

line-opening ceremonies in Mobile and Tianjin were being

designed to avoid falling foul of a tricky trade climate between

China and the United States.

Since Airbus first announced the overseas expansion plans in

2022 and 2023, Washington and Beijing have plunged into a

months-long trade war, leaving Airbus and some other European

companies anxious to avoid offending either trade power.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Apr 23, 2024
(Reuters) -Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said in a Worker Adjustment and Retraining Notification (WARN) notice. The notice on Monday was issued under the WARN Act, a U.S. labor law that requires companies with 100 or more employees to notify 60 days ahead of planned closings or mass layoffs. Under pressure...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Apr 23, 2024
PARIS, April 23 (Reuters) - French luxury group Kering reported a 10% drop in first-quarter sales on Tuesday, dragged down by a slowdown at its star label Gucci, which suffered from weakness in Asia while undergoing a design overhaul. The group said its first half operating profit would be sharply lower due to the revenue decline and its ongoing investment...
Update: Fiserv Q1 Adjusted Earnings, Revenue Up; Raises 2024 Adjusted EPS Guidance; Shares Rise
Update: Fiserv Q1 Adjusted Earnings, Revenue Up; Raises 2024 Adjusted EPS Guidance; Shares Rise
Apr 23, 2024
11:22 AM EDT, 04/23/2024 (MT Newswires) -- (Updates with share price movement in the headline and first paragraph) Fiserv ( FI ) shares were up 4.2% in recent trading on Tuesday after its Q1 earnings and revenue exceeded consensus and the company increased 2024 guidance. The payments company reported Q1 adjusted earnings earlier in the day of $1.88 per diluted...
Microsoft Q3 Results to Provide Gauge For AI Adoption, Wedbush Says
Microsoft Q3 Results to Provide Gauge For AI Adoption, Wedbush Says
Apr 23, 2024
11:46 AM EDT, 04/23/2024 (MT Newswires) -- Microsoft ( MSFT ) is expected to deliver upside across the board in Q3 Thursday, driven mainly by Azure's impressive growth nearing 30%, Wedbush said in a note Tuesday. All the Street will be watching to gauge the adoption of the AI Revolution, Wedbush analysts, including Daniel Ives and Scott Devitt, said. We...
Copyright 2023-2026 - www.financetom.com All Rights Reserved