Airbus and HAIG sign framework contract

Airbus China Limited and Harbin Aircraft Industry Group Company Limited (HAIG) entered into a framework contract for a Joint Venture Manufacturing Centre in Harbin, China to produce aircraft composite material parts and components.

The manufacturing centre, which will be set up in early 2009, will be an equity joint venture enterprise, with HAIG holding 80% stake and Airbus China owning 20% stake.

According to the contract, the manufacturing centre shall manufacture composite materials parts and components for the Airbus A320 Family and shall participate in the industrialisation and serial production of Airbus A350 XWB work-packages.

The manufacturing centre shall apply Airbus standards and procedures and meet Airbus technical and quality requirements. The personnel of the manufacturing centre shall be trained in accordance with Airbus requirements.

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