Airbus to open logistics center in China 

(MENAFN) Airbus announced that it will open its first logistics center in Asia early next year in north China's Tianjin Municipality, after signing a Memorandum of Understanding (MOU) with the local government, Xinhua reported.

The center will begin operation at a temporary site in the Tianjin Port Bonded Area of the Binhai New Area in early 2010, before its permanent location is determined after next March, according to the MOU.

Airbus now has six Chinese component suppliers, who are located across the country and handle their own logistics, the company said.

Tianjin has Airbus' first A320 aircraft final assembly line outside Europe, which is expected to deliver 11 planes by the end of this year.

The launch of the assembly line has attracted a great number of aviation companies at home and broad to settle in Tianjin, said He Lifeng, director of the administration commission of Binhai.

Airbus, one of the world's largest commercial plane makers, forecast its procurement of components and materials in China will rise to 200 million dollars by 2010, and $450 million by 2015.