MADRID Jan 29 European Aerospace Group EADS
EAD.PA will sign a deal with Chinese firm Avicopter on Friday
to build a factory producing carbon-fiber composite for its new
A350 jetliner, the Spanish government said.
The joint venture agreement to build a plant in the Chinese
city of Harbin will be signed during a visit to Spain by
Chinese Prime Minister Wen Jiabao. Spain has a 5 percent stake
in EADS, which owns plane maker Airbus.
The A350 will be 53 percent carbon-fiber composite -- a
material lighter than aluminum, which is the conventional
material used to make a plane's wings and fuselage. That allows
designers to increase the number of passengers for the same
Friday's formal signing follows the signing of a memorandum
of understanding (MoU) between Airbus and China to build 5
percent of the A350's airframe in China and a subsequent
agreement to establish a composite factory in Harbin.
China has already signed a deal to locate a final assembly
line for Airbus' A320 in the Chinese city of Tianjin.
An Airbus spokesman declined to give further details.
Earlier this month Airbus vowed it would break free of a
string of damaging aircraft production delays as it began
construction of a factory for the 10 billion euro ($13.08
billion) A350 project -- Airbus' response to Boeing Co's (BA.N)
(Reporting by Ben Harding, editing by Gerald E. McCormick)