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Airbus says to boost China assembly, but wins no new jet order

Reuters  |  PARIS 

(Reuters) - European planemaker said it planned to boost the number of planes it makes in under a deal signed in on Tuesday to expand co-operation at its assembly plant.

The provisional deal was signed during a state visit to by French

said the latest agreement would result in production increasing to six aircraft per month - up from four at present - at the local final assembly line for the A320-family of jets.

The industrial ramp-up will target five aircraft by early 2019 and six per month by early 2020, it added in a statement.

A signing ceremony did not, however, include any deal for to sell aircraft to China, despite earlier expectations of a contract timed to coincide with Macron's visit.

Industry sources had said was negotiating to sell around 100 planes to China's state purchasing agency, though a deal had not been flagged as part of the diplomatic preparations for the visit.

New orders for jetliners have historically featured during such state visits by French leaders.

regularly splits large orders between and the to cope with its fast-expanding airline traffic, but the momentum has recently been with rival Boeing, which sold 300 jets during a visit by U.S. last year.

China, however, placed a large order for 140 jets during a visit to by last July.

Some sources say Chinese officials are disappointed about a deal last year for to buy the CSeries jet project from Bombardier, derailing talks with Chinese investors after intervened to keep the struggling programme in Western hands.

(Reporting by Sudip Kar-Gupta; Writing by Tim Hepher; Editing by and Mark Potter)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 18:56 IST