Aviation Industry Corporation of China

Aviation Industry Corporation of China
Type State-owned
Industry Aerospace, defence, telecommunications
Founded 2008, Beijing
Headquarters 128 Jianguo St.Beijing 100022, People's Republic of China
Area served Worldwide
Key people Lin, Zuoming
(President) & (CEO)
Products Military aircraft
Commercial aircraft
Information Technology
Non-Aviation Products
Total assets Over CN¥ 290 billion (2008)
Employees Over 400,000 (2008)
Subsidiaries Comac
Website avic.com.cn

Aviation Industry Corporation of China (Abbreviate: AVIC, Chinese: 中国航空工业集团公司) is a Chinese state-owned company of aviation industry, both military and civilian. It was founded in 1951 as the Aviation Industry Administration Commission.

Contents

History

Since being established on April 17, 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.

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, Commercial Aircraft Corporation of China

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 AVIC I and AVIC II.

Merge

On October 28, 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 Boeing and Airbus in the civilian airline industry.

During the Airshow China 2008, AVIC appeared to the public for the first time.

Business segments

Major Affiliate Companies

Products

References

External links