Airbus, the Tianjin Free Trade Zone and China Aviation Industry Corp. (AVIC) have signed a framework agreement to extend the joint venture Airbus A320 Final Assembly Line in Tianjin beyond the 2016 expiration of the original accord inked in 2007. Airbus holds a 51% stake in the FAL, with the remainder owned by the Tianjin Free Trade Zone and AVIC (ATW Daily News, June 29, 2007). The FAL has produced 100 aircraft; the first was built in June 2009. Airbus president and CEO Fabrice ...

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