Aviation Industry Corporation of China
State-owned | |
Industry | Aerospace, Defense |
Founded | 2008, Beijing |
Headquarters | 128 Jianguo St. Beijing 100022, China |
Area served
|
Worldwide |
Key people
|
Lin Zuoming (President) & (CEO) |
Products | Military aircraft Commercial aircraft Information Technology Non-Aviation Products |
Revenue | CN¥ 392 billion / US $62.3 billion (2014)[1] |
Number of employees
|
535,942 (2015)[1][2] |
Subsidiaries | Continental Motors, Inc. Cirrus Aircraft |
Slogan | All Value In Creation |
Website | avic.com.cn |
Aviation Industry Corporation of China (abbreviated as AVIC, Chinese: 中国航空工业集团公司) is a Chinese state-owned aerospace and defense company. It is ranked 159th place in the Fortune Global 500 lists.[1]
Contents
History
Since being established on 1 April 1951 during the Korean War as the Aviation Industry Administration Commission, the aviation industry of the People's Republic of China has been through 12 systemic reforms.
AVIC purchased American aircraft engine manufacturer Continental Motors, Inc. in 2010, and American aircraft manufacturer Cirrus in 2011.
Period | Name of Organization |
---|---|
Apr 1951 - Aug 1952 | Aviation Industry Bureau, Ministry of Heavy Industry |
Aug 1952 - Feb 1958 | 4th Bureau, No.2 Mechanical Industry Department |
Feb 1958 -Sept 1960 | 4th Bureau, No.1 Mechanical Industry Department |
Sept 1960 - Sept 1963 | 4th Bureau, No.3 Mechanical Industry Department |
Sept 1963 - Apr 1982 | No.3 Mechanical Industry Department |
Apr 1982 - Apr 1988 | Ministry of Aviation Industry |
Apr 1988 - Jun 1993 | Ministry of Aviation and Aerospace Industry |
Jun 1993 - Jun 1999 | China Aviation Industry Corporation |
Jul 1999 - May 2008 | China Aviation Industry Corporation I, China Aviation Industry Corporation II |
May 2008 - Nov 2008 | China Aviation Industry Corporation I, China Aviation Industry Corporation II, Commercial Aircraft Corporation of China |
Nov 2008–Present | Aviation Industry Corporation of China (AVIC), Commercial Aircraft Corporation of China (COMAC)[Note 1] |
Split
China Aviation Industry Corporation (Chinese: 中国航空工业总公司) was a Chinese consortium of aircraft manufacturers. On July 1, 1999, this consortium was split into China Aviation Industry Corporation I and China Aviation Industry Corporation II.
Merge
On 28 October 2008, AVIC I and AVIC II officially merged because the previous separation resulted in split resources and led to redundant projects. The major focus of AVIC is to efficiently develop indigenous military technologies, and to eventually compete with Airbus and Boeing in the civilian airline industry.
During the Airshow China 2008, AVIC appeared to the public for the first time.
Business segments
- Air transport manufacturing
- General aviation
- Helicopters
- Engines
- Aircraft systems
- Automobiles
Major affiliate companies
- AviChina Industry & Technology Company Limited
- Changhe Aircraft Industries Corporation
- Chengdu Aircraft Industry Group
- China Aviation Industry General Aircraft
- Hongdu Aviation Industry Group
- China National Aero-Technology Import & Export Corporation
- Guizhou Aircraft Industry Corporation
- Harbin Aircraft Manufacturing Corporation
- Shaanxi Aircraft Corporation
- Shanghai Aviation Industrial Company
- Shenyang Aircraft Corporation
- Xi'an Aircraft Industrial Corporation
- Xi'an Aero-Engine Corporation
- Avic International Solar Panel Manufacturing Australia
Products
Helicopters
Notes
- ↑ AVIC is one of the shareholders in COMAC (26.32% in 2009). However, AVIC and COMAC operate independently, and both companies are supervised by the State-owned Assets Supervision and Administration Commission.
- ↑ Not an exhaustive list.
References
External links
Wikimedia Commons has media related to AVIC aircraft. |
- Articles containing simplified Chinese-language text
- Articles containing Chinese-language text
- Commons category link is locally defined
- Government-owned companies of China
- Aerospace companies of China
- Aircraft manufacturers of China
- Defence companies of the People's Republic of China
- Companies established in 2008
- 2008 establishments in China
- Companies based in Beijing