Airbus China names new CEO

Airbus China names new CEO

Airbus China names new CEO

The agreement was signed by He Lifeng, Chairman of the National Development and Reform Commission (NDRC) of China and Fabrice Brégier, Airbus COO and President Commercial Aircraft in Beijing today.

"It's my privilege to have been working with Airbus for more than 20 years".

"Besides agreements in such strategic sectors as nuclear power, electricity and aeronautics signed Tuesday between China and France, it should be noted that breakthroughs have been made in areas that go beyond the traditional fields of cooperation and other perspectives been have opened up", Emmanuel Dupuy, president of the Institute for European Prospective and Security, told Xinhua in an interview.

In his role, Xu will be responsible for all Airbus commercial aircraft activities, as well as lead the firm's helicopters and defence and space businesses in the country.

While no deal has been finalized over the current official visit, Macron said China had assured him it would respect market-share parity between Airbus and Boeing.

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Simultaneously, George Xu has been appointed CEO of Airbus China.

"I feel honored to re-join Airbus China as its CEO".

European Union hopes its negotiations on an investment pact with China will reach a "decisive stage" this year, the European Union ambassador to the world's second largest economy said separately on Wednesday, calling on Beijing to honor its pledge to open its economy to the world. "My predecessors and the Airbus China team have achieved great successes in China".

Since its inauguration in 2008, the Final Assembly Line in Tianjin has assembled a total of 354 A320 Family aircraft.

He also highlighted a benefit of closer China-France relations for strategic stability, saying, "We two countries, as permanent members of the United Nations Security Council, shoulder major responsibilities for global security".

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