AVIC IIChina Aviation Industry Corp II
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
Embraer, the world's fourth largest maker of civilian aircraft, is negotiating with Chinese aeronautical authorities to assembly planes in China in partnership with Avic II.
Consort managing director David Morris said: ``In a matter of days following the meeting, we had contacted our agent in Hong Kong who had followed up the contact in China with AVIC II and one of the major engine manufacturers in China and shortly after we received our first order.
Hainan Airlines, HNA Grou, AVIC II Hainan Airlines parent HNA Group signed a strategic cooperation agreement with AVIC II under which the parties will cooperate on aircraft purchasing and leasing.
Meanwhile, China Aviation Industry Corp II (AVIC II) has also indicated that it is considering building a feeder line aircraft that can seat between 30 and 50 passengers.
Hainan Airlines, Embraer Hainan Airlines parent HNA Group ordered last summer 50 Embraer ERJ-145s to be built by Harbin Embraer Aircraft Industry Co., a joint venture between AVIC II and Embraer.
2 aerospace industry groups (AVIC I and AVIC II), and Fairchild Dornier Aerospace, a US-German joint venture, have agreed to develop and produce new 32-seat jet aircraft.
The new AVIC is the product of the November merger of AVIC I and AVIC II. It employs about 400,000 at some 200 subsidiaries covering defense, transport aircraft, airborne equipment, engines, helicopter manufacturing, utility aircraft, aviation research, flight testing, trade and logistics and capital management.
AVIC I is comprised of more than 100 aircraft component makers and research institutes, and has recently signed an agreement with Fairchild Dornier and AVIC II, a sister company, to make components for Fairchild Dornier's 20-seat 328JET, reported Reuters.
China Aviation Industry, created over the weekend after the merger of AVIC I and AVIC II, has 10 business units, including defence, helicopters and aircraft engines, the paper said.
AVIC I and AVIC II, both stakeholders in CACC, have sent around 200 experts to participate in the evaluation work, which is expected to take about six months.
Airbus will hold 51% of the Tianjin joint venture with the Chinese Industry Consortium comprising the Tianjin Free Trade Zone, AVIC I and AVIC II holding the remainder.
China is gearing up efforts to consolidate the manufacture of large commercial trunk aircraft with the merger of AVIC I and AVIC II, now scheduled to occur in July.