airbus helicopters signs €750m deal with china
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Airbus Helicopters signs €750m deal with China

Arab Today, arab today

Arab Today, arab today Airbus Helicopters signs €750m deal with China

A mockup of an Airbus H160 helicopter at the Paris Airshow
Paris - AFP

Airbus Helicopters said Friday has signed a letter of intent for the sale of 100 H135 helicopters to China and the construction of an assembly plant there.

The 750 million euro ($800 million) deal for the versatile twin engine machines often deployed in emergency medical services came as German Chancellor Angela Merkel visits the Asian giant.

European manufacturer Airbus Helicopters has a 40 percent market share of a Chinese market, and believes the country has a 20-year demand of up to 5,000 copters.

The helicopters will be helicopters locally at the Sino-German ecopark development in Qingdao, in eastern Shandong province, Airbus Helicopters said.

The firm dubbed the accord a "major step forward for Airbus Helicopters in China", seeing the country as having become its important market globally.

The agreement "consolidates its position as the leading helicopter manufacturer in the Chinese market," Airbus Helicopters added in a statement.

The deal came a day after an accord between Airbus and state-owned China Aviation Supplies Holding Group for 100 A320 aircraft, worth $9.7 billion at list prices.

They also confirmed 30 options for twin-aisle A330s, among a 75-plane deal announced in June ahead of a visit by Li to Airbus headquarters in the French city of Toulouse.

Airbus -- which has an aircraft assembly facility in the northern Chinese port of Tianjin -- is engaged in a fierce struggle with its US rival Boeing for dominance in the crucial Chinese market.

China is also developing its own fledgling aerospace industry even as it ramps up deals with foreign manufacturers.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

airbus helicopters signs €750m deal with china airbus helicopters signs €750m deal with china

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

airbus helicopters signs €750m deal with china airbus helicopters signs €750m deal with china

 



GMT 00:19 2017 Wednesday ,20 September

France's Macron to meet Italian PM on Sunday

GMT 04:41 2015 Monday ,23 March

Kuwait's Wushu-kung fu championship ends

GMT 06:40 2017 Tuesday ,26 September

Palestinian gunman kills three Israelis at settlement

GMT 22:03 2017 Wednesday ,06 September

Pope Francis lands in Colombia to support peace

GMT 10:33 2017 Thursday ,20 April

Smoking to kill 200 million

GMT 02:12 2017 Friday ,14 July

Israel arrests "terror plot" Palestinians

GMT 11:32 2017 Thursday ,13 April

Malala Yousafzai becomes youngest ever

GMT 11:03 2012 Sunday ,05 August

Activist Jamal Al-Amwasi

GMT 13:48 2017 Tuesday ,21 November

Family ends row over legacy of artist Arman

GMT 23:11 2018 Thursday ,11 October

GCC renewable energy discussed in Kuwait
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday