Aviation giant targets one trillion RMB revenues by 2017
China Aviation Industry Corp (AVIC), recently formed by a merger of the country’s two main state-owned aircraft makers, is targeting revenues of RMB1 trillion ($146 billion) by 2017 according to an official from the company.
The new entity, which formally started operations on Nov 8, has 10 major business segments, covering general-purpose aircraft, helicopters, transport aircraft [...]