China set to host Airbus assembly plant

On 13 June 2016, Airbus Helicopters and a China-based consortium announced the sealing of an important agreement. An agreement to establish a helicopter assembly line at Qingdao City in China. The deal is part of a plan in which Airbus has offered to sell the Chinese consortium 100 units of the light H135 helicopters. The total

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Air New Zealand Offloads 20% Stake in Virgin Australia

On 13th June 2016, Air New Zealand announced it has reached an agreement for the sale of 20% of its shareholding stake in Virgin Australia. The stake has sold to the Nanshan Group of China for $193 million. According to an article published at AeroSpace-Technology.com, the share sale deal is awaiting the approval of government regulators in

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