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Austria-based aerospace company FACC signs 500 mln euro contract with Airbus
September 4, 2017 / 8:44 AM / 16 days ago

Austria-based aerospace company FACC signs 500 mln euro contract with Airbus

VIENNA, Sept 4 (Reuters) - Austria-based aerospace company FACC said on Monday it had won a 500 million euro ($596 million) contract with France’s Airbus to supply stowage compartments and ceiling panels.

The parts will be delivered in late 2018 for Airbus’ A320 planes, the Chinese-owned company said.

In May FACC hired as chief operating officer Andreas Ockel, who was in charge of Airbus’ assembly of its A320 aircraft in China. ($1 = 0.8396 euros) (Reporting by Shadia Nasralla, editing by Louise Heavens)

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