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AVIC II

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AVIC IIChina Aviation Industry Corp II


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I, or AVIC I, and AVIC II, the Shanghai Securities News reported, citing company officials.
The authorities are forcing a merger of the country's two main aerospace groups, AVIC I and AVIC II, into a single company and it is already planning a new large jet to compete with its western rivals/allies.
Laurence Barron, president of Airbus China, said: "We are studying the possibility of setting up the venture with AVIC II (China Aviation Industry Corporation II) and expect to finalise the deal as early as August.
 
 
 
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