POST Online Media Lite Edition



 

Airbus wins order for 100 helicopters in China

Staff writer |
Airbus Helicopters finalized an agreement to build an assembly line in China as part of a deal to sell 100 H135 helicopters to a local consortium.

Article continues below






The helicopter sale is worth 700 million euros ($788 mln) at catalog prices, but the value of the deal rises to 1 billion euros when support and initial industrial investment are included, an Airbus Helicopters spokesman said.

The factory will be located in the Sino-German Ecopark in the coastal city of Qingdao, and is expected to start operations in 2018 with a capacity of 36 units a year, the company said.

The deal, first outlined last October, was signed during a visit to China by German Chancellor Angela Merkel.

China is opening up its low-level airspace to civilian aircraft, and the global aviation industry is laying the groundwork for a boom beyond private business jets with the purchase of helicopters that is likely to include fleets of air ambulances.

The light twin-engined H135 is already used in China for medical services and police surveillance.

Airbus Helicopters sees demand for 3,000-5,000 helicopters in China over the next 20 years.


What to read next

Chinese leasing company to buy 100 helicopters from Airbus
China's Avicopter and Airbus sign deal for helicopters
Airbus H125 helicopters operating on world's roof