Avic Aircraft, assuming control of a large chunk of the Chinese commercial aircraft industry, will reshape its business units in the pattern of Airbus. Old regional entities such as Xi’an Aircraft and Shaanxi Aircraft will be abolished and their assets reallocated along functional lines to create a framework of units each specializing in its own part of the aircraft, such as the wing or nose section. Avic Aircraft, provisionally called Transport Aircraft when the industry’s reforms ...
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