Aircraft joint venture

13 August 2009

Goodrich Corporation and Xi’an Aircraft International Corporation (XAIC) are to form two joint-venture companies to support landing gear and engine nacelle component manufacturing in the Chinese aerospace market.

Goodrich and XAIC will each own 50 per cent of the joint-venture companies.

The new companies will compete for market positions on the COMAC C919 single-aisle Chinese commercial aircraft currently under development, as well as manufacture landing gear, nacelle components and sub-assemblies for other aircraft.

Marshall Larsen, Goodrich chairman, president and chief executive, said: ‘Goodrich is committed to extending its footprint in China, the world’s fastest-growing market for commercial aircraft.

‘These joint ventures with XAIC, one of China’s leading aerospace companies, will enhance our competitiveness to pursue business on new Chinese commercial aircraft such as the C919.’

Goodrich currently operates facilities in Hong Kong, Tianjin and Xiamen in China.

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