China-made regional aircraft to enter European market
Updated: 2012-06-09 17:02
XI'AN - China's Xi'an Aircraft International Corporation (XAIC) will sell three MA60 regional aircraft to MARS, a Ukrainian-based airline, marking the first time for China-made civil regional aircraft to enter the European market, the XAIC said Saturday.
The press release issued by the XAIC did not disclose the contractual price or the delivery date.
The deal, concluded on May 23, marks a breakthrough in China-Europe cooperation in aviation, said Jiang Jianjun, general manager of the XAIC.
Jiang said the twin-turboprop MA60 aircraft produced by the XAIC have become popular in domestic and overseas aviation markets due to the aircraft's fuel efficiency.
"Because of rising fuel prices, the fuel-efficient turboprop is expected to have bright market potential," said Jiang.
Based in Xi'an, capital of Northwest China's Shaanxi province, the XAIC is a subsidiary of China Aviation Industry Corporation (AVIC).
MARS is a Kiev-based private airline operating regional routes mainly with Saab 340 turboprop aircraft and Augusta helicopters.
- BYD exports three electric cars to Thailand
- Grid gets first jolt of residential solar power
- US now largest buyer of China's exports
- China's outbound M&As on the rise
- Tobacco control may entail price, tax rises
- Quanzhou becomes pilot financial reform zone
- New automobiles shine at Geneva Motor Show
- World's longest high-speed rail 'on track'
- Jiugui Liquor involved in plasticizer scandal again
- Accident reignites school bus safety concerns
- China to revise labor law
- Trademark registration under scrutiny
- Dinner ban takes toll on liquor firms
- CIC tables bid for London's Chiswick Park
- Property buyers eye overseas market
- Call for law to protect personal information
- China to cut train ticket prices
- Christmas business
- Solar industry to get jolt from new policies
- KFC chicken under spotlight
Survey & Comments
