Plane maker aims at emerging niche
By Zhao Lei in Anyang, Henan | China Daily | Updated: 2017-06-12 08:03
About 1,000 general aviation aircraft will be sold in next 3 years, AVIC says
China's largest aircraft manufacturer projects that it will sell around 1,000 general aviation aircraft by the end of 2020, an industry insider said.
Song Qingguo, a senior manager at Aviation Industry Corp of China who assists company executives in overseeing the general aviation sector, said the central government plans to expand the number of China's general aviation aircraft from the current 2,400 to 5,000 before the end of 2020, and AVIC wants to grab at least 40 percent of the market share.
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