China's AVIC Acquires UK Aircraft Interiors Company, AIM Altitude
AVIC has acquired the leading aircraft interior supplier of UK, AIM Altitude on June 2, the company press release stated.
This acquisition follows the April 20 acquisition by AVIC of the Spanish Aritex, the leader in aviation assembly line automation.
The opportunity to work with Boeing and Airbus on cabin payloads enables AVIC to provide improved services to aviation manufacturers and airlines, both in China and abroad.
“We welcome AIM Altitude to the big AVIC Intl family,” Wu Guangquan, AVIC Intl Chairman said. Wu continued, “AVIC Intl. values Britain as a future global cooperation and overseas investment partner. We hope the acquisition will help us establish extensive collaborations with UK corporations in aviation and other related industries”.
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