FRANKFURT â€” Chinaâ€™s AVIC International has bought German aircraft engine manufacturer Thielert in a move that further broadens the groupâ€™s general aviation portfolio. Thielertâ€™s insolvency administrator confirmed the deal on July 23, saying the company would be relaunched as Technify Motors, with operations remaining in Germany. Neither side disclosed details about the acquisition cost. The German company is building its Centurion Diesel engine that is powered by kerosene rather than ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Chinaâ€™s AVIC Buys Thielert Aircraft Engines".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.