AVIC and Airbus signed a $ 6 million order for titanium forgings

Resource from: CBCC Likes:96

Jul 16,2014

Recently, AVIC Shanxi Hongyuan Aviation Forging Co., Ltd signed a $ 6 million contract with Airbus Corporation to provide titanium forgings for its new machine A320neo, thus becoming one of the two companies internationally with production qualification of such machine forgings, with bigger share of the order. Under the background of sluggish global growth in 2014, AVIC Shanxi Hongyuan Aviation Forging Co., Ltd adheres to the diversified development while explores business model innovations. Especially in the foreign trade business, the company seize the opportunity of the aviation forgings market upgrading, and adopts a series of measures to accelerate the process of transforming its forging products from the low-end to high-end ones, which contributes to the in-depth cooperations with internationally renowned aviation companies.

(CBCC)

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