Airbus plans to bring an additional plant into service in Haute-Garonne, near Toulouse, and promises the creation of 700 jobs by 2031.
The European aircraft manufacturer is the largest employer around Toulouse, with 33,000 employees. It presents this future site as an economic windfall for the entire region.
The new facility is to supplement production at the historic Saint-Éloi plant, which is already at capacity. The order books cover 9,300 aircraft.
The plant will have 3,500 employees. The creation of 700 jobs is announced by 2031.
The project is due to take shape in 2031, with full commissioning in 2037.
The aircraft manufacturer's goal is to produce more aircraft than before the Covid pandemic. Airbus is already targeting 870 aircraft delivered in 2026.
The company estimates that the air travel market will continue to grow in the years ahead.
At the same time, the American aircraft manufacturer has just published disappointing quarterly results and revised its production capacity downward.