BIZCHINA / Biz Media Digest |
Transportation: Aircraft engine makers sign co-op agreement(Xinhua)Updated: 2006-11-01 13:33 A Chinese aircraft engine producer on Tuesday signed a long-term cooperation agreement with French aero engine maker Snecma. Under the 170 million-U.S.-dollar deal, Snecma will buy 19,112 engine disks from Shaanxi-based Xi'an Aero Engine (Group) Ltd., a military enterprise affiliated to China Aviation Industry Corporation I (AVIC I), from 2007 to 2012. On Tuesday, the Chinese firm delivered the 5,000th turbine diskto Snecma in Zhuhai, indicating the Chinese aero-engine maker's rising reputation as a turbine disk production base. (For more biz stories, please visit Industry Updates) |
|