13-Jun-2016 Source: Airbus
A Chinese consortium made up of China Aviation Supplies Holding Company (CAS), Qingdao United General Aviation Industrial Development Company (Qingdao United) and CITIC Offshore Helicopter Co. Ltd (COHC) has ordered 100 H135 light-twin helicopters, becoming China’s first customer to form an industrial partnership to launch a H135 final assembly line in Qingdao, Shandong province. This fulfils the commitment of purchasing 100 H135s signed in the Letter of Intent last year.
The contract signing ceremony was held at the Great Hall of People, in the presence of Chinese Premier Li Keqiang and the visiting German Chancellor Angela Merkel, marking a significant milestone in the scene of local general aviation industry with this €700 million sales contract and the industrial partnership of a final assembly line (FAL) in Qingdao. The assembly line is expected to start operations by 2018, to assemble 100 H135s over the following 10 years.
“We are extremely pleased with the progress of this partnership between Airbus Helicopters and our Chinese partners. With the further opening up of the Chinese skies and the increasing growth in the civil and parapublic segments, China is gearing up to be the biggest market for helicopters in years to come,” said Norbert Ducrot, Head of Airbus Helicopters China and North Asia region. “With their inherent versatility and reliability, these 100 H135s will be best suited to meet the soaring demand in China”.
CAS is specialized in package purchase of aircraft business, aviation leasing business, distribution and pooling of aircraft material business, general aviation business. It is State-owned enterprise managed by the State-owned Asset Supervision and Administrative Commission of the State Council.
Qingdao United is a Chinese State-owned company, jointly created in May 2016 by and between Qingdao Huatong State-owned Capital Operation (Group) Co., Ltd., Qingdao Tourism Group Co.,Ltd, and Sino-German United Group Co., Ltd., and is a professional platform for creating public general aviation ecosystem, and forming industrial cluster in Qingdao.