European aircraft manufacturer Airbus inaugurated on Wednesday its latest final assembly line for the A320 aircraft family in the northern Chinese city of Tianjin, the second of its kind in both China and Asia,

Airbus has predicted that the global freighter fleet will grow to 3,420 aircraft over the next 20 years, representing a 45% increase.

Airbus said on Wednesday the worldwide fleet of dedicated freighter aircraft by all makers should rise to 3,420 in the next 20 years, or a 45% increase, helped by long-term trade growth.

A previous version of this article misspelled a source’s name. We regret the error. MOBILE, Ala. (WKRG) —The University of South Alabama and Airbus are working together to develop the aerospace workforce.

Airbus ( OTCPK:EADSF) ( OTCPK:EADSY) is set to open a second final assembly line in Tianjin, China this week, just days after expanding its U.S. operations in Mobile, Alabama, as the European planemaker carefully balances relations between Washington and Beijing amid an ongoing trade standoff.

Engine housings sit on the wings like empty husks, with their precious powerplants wrapped in blue covers to become spares worth up to $20 million. They are urgently needed by airlines forced to ground jets because of queues for engine repairs.

Today, Airbus dispelled rumors that the entry into service of its much anticipated A350 cargo variant, the A350F, would slip to 2028. The titanic planemaker expects its projected EIS in the second half of 2027 to remain accurate.