AVIC to work with Safran in raising global presence

New company in China to develop key parts for turboprop engines

Aviation Industry Corp of China, the nation's top aircraft manufacturer, said on Wednesday that it was teaming up with French aerospace giant Safran to develop key parts for turboprop engines.

The new joint venture will be based in China, a top AVIC official said, adding that the move will help the Chinese company gain a foothold in the global aviation engine market.