China Company to Build Luxury Helicopters with Eurocopter Partnership

February 7th, 2011
in econ_news

eurocopter Econintersect:  Zhong'ou International Group will assemble helicopters at one of its manufacturing plants in Changshu in Jiangsu Province.  The venture is supported by the world's largest helicopter maker, Eurocopter, which will provide technical support and spare parts.  The first helicopters - seating six to eight people and powered by turbo-charged engines - are due to be delivered next year.  The helicopters will cost between 30 million yuan (US$4.55 million) and 60 million yuan each, according to the Hong Kong based Ta Kung Pao.

Follow up:

Eurocopter has been seeking a partner to produce high-end helicopters for business use in the Chinese mainland for some time.

Established in 1989 mainly as an auto parts manufacturer, Zhong'ou now runs three manufacturing plants in Shanghai and neighboring Jiangsu and Zhejiang provinces.

It was also reported today that Eurocopter is also looking for much higher helicopter sales in India.  (The Times of India)

Sources:  Shanghai Daily, The Times of India and Ta Kung Pao

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved