Airbus plans new logistics hub in China
BEIJING (Dow Jones)--European aircraft manufacturer Airbus is planning to set up a new logistics center in China to coordinate its growing operations in the country, Airbus China Ltd. President Laurence Barron said Tuesday.
"We've got so much industrial activity here, we want to harmonize the transport systems for all the goods flowing in and out of China for us," Barron said at an aviation forum in Beijing.
The logistics center will likely be located in Tianjin, he said. Airbus opened its first final assembly line outside of Europe in the northeastern Chinese city last year. The plant assembles A320s and delivered its first plane in June.
Airbus forecast its procurement of components and materials in China will rise to $200 million by 2010 and to $450 million by 2015. The company sourced about $70 million worth of parts and materials from China in 2007 and expects to source $140 million this year.
It has also begun construction of a plant in Harbin, nothern China, to manufacture major components for the A350 XWB and it is scheduled to start operations by the end of 2010.



