China is making final preparations for the launch of its "jumbo aircraft" manufacturing company, which is scheduled to begin operations in Shanghai this month. China's State-owned Assets Supervision and Administration Commission of the State Council will be the controlling shareholder of the new entity (ATWOnline, Jan. 29). Other stakeholders include AVIC I and AVIC II--which will hold the second-largest stake jointly--the Shanghai local government, Baosteel Group and Aluminum Corp. of ...

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