China's AVIC I yesterday said that the merged company it is forming with AVIC II will be called "China Aviation Industry Corp. Group" and revealed details of the entity's structure. The merger, which aims to create a state-owned company to oversee aircraft manufacturing in China, including development of a "jumbo aircraft" by 2020 to compete with 737s and A320s, has been delayed several times this year. AVIC I said integration processes are underway but the official start of CAIC Group will ...

Subscribe to Access this Entire Article

"Merged AVIC I/AVIC II to be called China Aviation Industry Corp. Group" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.