Chinese Airbus order a boost for Britain
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Orders from China for over 100 Airbus aircraft will bring a welcome boost to the UK aerospace industry as it contributes its share of components and sub assemblies to the European consortium that builds the A320, A330 and (pictured) aircraft that make up the order.
Business minister Mark Prisk welcomed the news that China Aviation Supplies Holdings have signed orders for 102 Airbus aircraft, in a deal worth in excess of $5bn to the UK economy.
He said the news was a major boost to the UK, with the contracts bringing extra work to Airbus in Broughton, and a host of aerospace supply chain companies throughout the UK.
The deal was signed today (4 November) in Paris in front of French President Sarkozy and Chinese President Hu, and in the presence of Mark Prisk. Next week, the Prime Minster is leading a high level business delegation to China next week. was
The contracts, which form part of a package of Chinese/ French commercial announcements, contain orders for 50 A320, 42 A330 and 10 A350 aircraft.
Mark Prisk said:"This represents fantastic news for the UK aerospace sector, with these new orders worth over $5bn to the UK economy. They will not only provide a tremendous boost to the 10,000 Airbus workers at Filton and Broughton, but also to a large number of aerospace supply chain companies spread right across the UK. By any standard, this is a huge success story."
