China Re-Merging the Avics As It Plans Further Rationalization
Credit: CHINA NATIONAL AERO-TECHNOLOGY IMPORT & EXPORT CORP.
China’s two main aircraft-making groups will merge back together as a step toward simplifying and rationalizing the industry, especially in the military subsector. The re-merger of Avic 1 and Avic 2 is expected to happen this year, nine years after they were separated. It may be a prelude to pulling...
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