Financial Times FT.com

Shake-up looms for Chinese aircraft makers

By Mure Dickie in Beijing

Published: January 4 2008 01:11 | Last updated: January 4 2008 01:11

Expectations are growing that China will soon restructure its sprawling state-owned aircraft makers, Avic I and Avic II, in an effort to make them more competitive and to pool their resources to develop large commercial jets.

The two groups – China Aviation Industry Corps I and II – lead the nation’s drive to become a force in civilian aircraft production and to provide advanced warplanes for the People’s Liberation Army.

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