Airbus has been hugely successful in selling its aircraft in China lately. Broad market penetration now forms the basis for negotiations to extend and expand the Tianjin final assembly line for which a new agreement could come before year-end.
Airbus, the Tianjin Free Trade Zone and Avic, the shareholders in the Chinese final assembly line (FALC), are in “quite advanced negotiations” to extend the agreement, according to Airbus China Chief Operating Officer Rafael Gonzalez-Ripoll. He is “pretty sure” that a deal can be signed in the next few weeks or couple of months. However, the negotiations have been dragging on since they began in 2012.