Construction of Boeing's first overseas 737 factory starts in China
The construction will consist of two parts - a Boeing 737 completion center and the delivery center. It is scheduled to be completed in 2018.
Boeing and Chinese aviation manufacturer Commercial Aircraft Corporation of China Ltd.(COMAC) will jointly run the completion center, in which flight entertainment systems and seats will be installed in Boeing's 737 aircraft.
"Today we all see a vibrant, win-win partnership that supports the growth and development of China's aviation industry and the economy, as well as the U.S. economy," said Ray Conner, president and CEO of Boeing Commercial Airplanes.
The completion center also provides services such as coating, repairs and maintenance of Boeing aircraft.
The 737 delivery center is solely owned by Boeing.
Boeing and COMAC signed an agreement in October 2016 to set up the plant in Zhoushan, Zhejiang Province, 287 km southeast of Shanghai. The plant is designed to deliver 100 Boeing 737 planes per year. ■