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In step with a string of industry closings, and after 70 years in business, Associated Air Center said last month that it will cease operations and close its VIP completion facility on leased property at Dallas Love Field at the end of this year.
The Aviation Industry Corporation of China (AVIC) is looking to invest in the Philippines, the Board of Investments (BOI) in Manila has revealed.
Avic International Holdings, an electronics manufacturing unit of state-owned aerospace giant Aviation Industry Corp of China, says its mainland-listed unit has agreed to buy Xiamen Tianma Microelectronics, the country’s largest flat product display supplier, for 10.6 billion yuan (US$1.5 billion).
MANILA, Philippines - Chinese investors have began lining up to invest in the country, with new projects worth at least $10 billion expected to be infused amid improved economic ties between the Philippines and China.
S t a t e - o w n e d C e y l o n Shipping Corporation (CSC) received its latest ship ‘Ceylon Princess’, which arrived at the Colombo Port yesterday. Ceylon Princess, the second ship belonging to CSC, was a creation of China’s AVIC International. The other ship in CSC’s possession is ‘Ceylon Breeze’, which was delivered in March, this year. The two ships, for which orders were placed during the previous administration, are said to have cost US $ 70 million
Hong Kong and Shanghai stocks lost momentum in the morning session Thursday, ending midday flat to slightly lower, as investors pared back their exposure to risky investments following a uninspired performance in overseas markets overnight amid a sharp fall in crude oil prices.
Hong Kong and Shanghai stocks fell on Thursday morning, ending a three-session winning streak, as investors pared back their exposure to risky investments following a flat performance in overseas markets overnight amid a sharp fall in crude oil prices.
State-owned Aviation Industry Corporation of China (AVIC) has completed its acquisition of UK-based aerospace company AIM Altitude, it was announced on 3 June.
The Aviation Industry Corporation of China (AVIC) is moving closer to finalising its acquisition of its first UK-based aerospace company.