AgustaWestland sees Asia getting even better
Asia accounted for about 20 percent of AgustaWestland’s orders last year and the European helicopter maker therefore sees the region as a growing market.
Asia accounted for about 20 percent of AgustaWestland’s orders last year and the European helicopter maker therefore sees the region as a growing market. The booming Chinese economy is a big factor in this assessment, as is the European helicopter maker’s presence in the People’s Republic through an expanding relationship with the Chinese aerospace industry.
In 1999, AgustaWestland signed an agreement with China’s AVIC II group, which led to the creation of the Jiangxi Changhe-AgustaWestland Helicopter (CAH) joint venture in 2005. At its Jingdezhen facility, in the Jianxi province, the company produces, under license, the CA109 Power–the Chinese version of the AW109 Power–at a rate of two aircraft per month.
