[Aviation Today March 28, 2014] Airbus
Group has a new agreement with Bank of China to collaborate on aircraft leasing, management, hedging and corporate loans.
Under the agreement, Airbus
customers will have access to increased financing options in China for aircraft purchases. Airbus aircraft first entered the China market in the 1980s, and the company also set up an A320 family assembly line in Tianjin in 2008.
“As a company that already has a significant industrial and market presence in China, this agreement with Bank of China is a logical step forward,” said Airbus Group CFO Harald Wilhelm.