Cessna And AVIC Join
Forces To Develop General And Business Aviation In China
By Mike Mitchell
March 26, 2012 - Cessna Aircraft Company and Aviation
Industry Corporation of China (AVIC) are signing two
strategic agreements to jointly develop general and
business aviation in the People's Republic of China.
Cessna Aircraft Company is an airplane manufacturing
corporation headquartered in Wichita, Kansas. Their main
products are general aviation aircraft. Although they
are the most well known for their small, piston-powered
aircraft, they also produce business jets. The company
is a subsidiary of the U.S. conglomerate Textron.
The agreements together pave the way for a range of
business jets, utility single-engine turboprops and
single-engine piston aircraft to be manufactured and
certified in China.
agreement between AVIC and Cessna/Textron is an overarching
agreement between these companies that is intended to lead to
the formation of joint ventures that will pursue various
activities pertaining to the development of general aviation
businesses in China, including the establishment of an aircraft
service network in China.
is a specific cooperation agreement between Cessna Aircraft
Company, AVIC Aviation Techniques Co., LTD (AAT), and the
Chengdu government to enter into negotiations to establish a
joint venture to produce mid-size Cessna business jet models, as
well as a potential new product for the business jet market.
Ernest, Cessna president and CEO, says: "We are extremely
pleased to be entering into these strategic agreements. China's
market potential is tremendous and therefore represents an
exciting opportunity for Cessna.
China recognizes general aviation offers the foundation to support its national air transportation needs for the future. These agreements will help take the industry to the next level." With in the next year Cessna and AVIC are seeking to launch joint venture companies which will focus on implementing the initial phase of the strategic agreements.
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