Meanwhile, Tianjin is also the only city that has both an aerial and aerospace industry in China.
Airbus will increase its monthly manufacturing capacity of the A320 family of commercial aircraft from 34 to 40 by early 2012.
Airbus's assembly plant in north China's Tianjin Municipality plans to roll out 48 A320 aircraft in 2012, nearly doubling its current production capacity, said senior executives of the joint venture Wednesday.
European plane maker eyes collaboration in aircraft financing, air traffic management and maintenance
Airbus Tianjin factory said it plans to deliver 26 Airbus A320 family jetliners in this year.
European aircraft maker Airbus said it was seeking a closer partnership with Chinese banks and financial institutions, including the possibility of creating new financing structures.
The price hike was triggered by the weakness in the US dollar and the higher price of raw materials and commodities.
The Airbus final assembly line project in Tianjin will assemble and deliver 26 A320 aircraft in 2010, more than double the number in 2009.
Airbus will set up a logistics center in Tianjin to optimally manage the supply chain for all its projects in China, the aircraft manufacturer said yesterday.
Hua-Ou Aviation Training Center (Hua-Ou) is expanding its offering portfolios to cater to China's growing demand for pilots and maintenance mechanics.
Airbus expects the value of its joint-venture projects in China to reach 200 million U.S. dollars in 2010 and 450 million U.S. dollars in 2015.
Airbus will deliver 80 airplanes to China this year, underscoring the resilience of China's aviation market despite its taking a heavy punch during the global financial downturn.
"Your A300 is a good plane but you'll never make it. You are nice people, but it's difficult to have faith in your cooperative program."
Xi'an Aircraft Industry will deliver the first set of fully equipped wings to Airbus' A320 aircraft final assembly line in Tianjin in the first quarter of next year.
Airbus delivered the fourth aircraft assembled at its Final Assembly Line China (FALC) in Tianjin to China Eastern Airlines on September 3. The aircraft was reported to be taking its first flight from Shanghai to Dalian on the same day.
Airbus China will cooperate with a local company in Tianjin to develop flight trainers for the A320 aircraft.
"Anxiety, and a little bit of doubt" - these were the words flight attendant Zou Xue used to describe her feelings before taking off on the first Airbus A320 assembled in China.
European jet maker Airbus rolled out the first aircraft built at its China factory today and said it plans to produce 10 more this year. The plane is the first Airbus assembled outside Europe.
In recent years the aeronautical and astronautical industry is developing rapidly in Tianjin. At present 17 aeronautical projects with total investment over 2-billion dollars have clustered in Binhai New Area.
Following the delivery of the first aircraft this June, Airbus A320 general assembly line in Tianjin free trade zone will deliver 11 aircrafts this year.