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Joint-venture between Airbus and Chinese Hafei

Shanghai, China - The $ 350 million agreement to produce A-320 and A-350/XWB pieces

Airbus, Hafei Aviation Industry and two more Chinese companies have signed an agreement for a $350 million joint-venture for the production of materials and parts for the A-320 and A-350/XWB aircraft model. Harbin Aircraft Industry Group, Hafei's parent, and the two other Chinese partners will hold the 80% of the stocks, while Airbus China will control the 20%. Details have not yet been issued because,...

AVIONEWS - World Aeronautical Press Agency - 1101899
Rome, Italy, 03/26/2009 13:52
AVIONEWS - World Aeronautical Press Agency

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