China-Airbus JV to deliver 300 A320 planes by 2016

The European aircraft maker Airbus said on Thursday it planned to deliver 300 A320 planes from an assembly line in north China's port city Tianjin by 2016 to satisfy the demand in the country.

The assembly plant is a joint venture between Airbus and Tianjin Zhongtian Aviation Industry Investment Co., a Chinese alliance of China Aviation Industry Corp I, China Aviation Industry Corp II and Tianjin Bonded Zone Investment Co.

Source: Xinhua