Airbus Increases Stake In Chinese Composites Arm

Airbus plans to boost its stake in China’s Harbin Hafei Airbus Composite Manufacturing Center (HMC) to 25% from its current 20% shareholding. HMC, set up in late 2009, is a joint venture between Airbus China (20%), Harbin Aircraft Industry Group (50%), Hafei Aviation Industry (10%), AviChina...

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