Aviation Industry Corporation of China should not be confused with Airspace Industry Corporation of China.
| Aviation Industry Corporation of China | |
| Native Name: | Chinese: 中国航空工业集团公司 |
| Type: | State owned |
| Predecessor: | China Aviation Industry Corporation I China Aviation Industry Corporation II |
| Location City: | Chaoyang District, Beijing |
| Location Country: | China |
| Area Served: | Worldwide |
| Key People: | Tan Ruisong (Chairman and CEO)[1] |
| Products: | Civil and military aircraft Unmanned aerial vehicles Trucks Automobile parts Electronics Robots Ships |
| Revenue: | US$66.96 billion (2021) |
| Operating Income: | CN¥370.6 billion (2016) |
| Net Income: | US$915.7 million (2021) |
| Assets: | US$161.2 billion (2021) |
| Num Employees: | 407,344 (2021) |
| Aviation Industry Corporation of China | |
| S: | 中国航空工业集团公司 |
| T: | 中國航空工業集團公司 |
| P: | Zhōngguó Hángkōng Gōngyè Jítuán Gōngsī |
| Order: | st |
| Also Known As: | Abbreviation |
| S2: | 航空工业 |
| T2: | 航空工業 |
| P2: | Zhōngháng Gōngyè |
The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council. It is ranked 140th in the Fortune Global 500 list as of 2021, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe.[2] AVIC is also the sixth largest defense contractor globally as of 2022 and second largest Chinese defense contractor with total revenue of $79 billion (from both defense and non-defense services.)[3]
Since being established on 1 April 1951 as the Aviation Industry Administration Commission,[4] the aviation industry of the People's Republic of China has been through 12 systemic reforms.
AVIC purchased American aircraft engine manufacturer Continental Motors, Inc. in 2010, aircraft manufacturer Cirrus in 2011, and specialized parts supplier Align Aerospace in 2015.[5] In 2015, AVIC and BHR Partners acquired U.S. automotive supplier Henniges, through a joint venture structure.[6]
In 2016, Aero Engine Corporation of China was formed, capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC) in order to consolidate aero-engine and related technologies.
| Period | Organization name | |
|---|---|---|
| Apr 1951 – Aug 1952 | Aviation Industry Bureau, Ministry of Heavy Industry | |
| Aug 1952 – Feb 1958 | 4th Bureau, No.2 Mechanical Industry Department | |
| Feb 1958 – Sept 1960 | 4th Bureau, No.1 Mechanical Industry Department | |
| Sept 1960 – Sept 1963 | 4th Bureau, No.3 Mechanical Industry Department | |
| Sept 1963 – Apr 1982 | No.3 Mechanical Industry Department | |
| Apr 1982 – Apr 1988 | Ministry of Aviation Industry | |
| Apr 1988 – Jun 1993 | Ministry of Aviation and Aerospace Industry | |
| Jun 1993 – Jun 1999 | China Aviation Industry Corporation (Chinese: 中国航空工业总公司) | |
| Jul 1999 – May 2008 | China Aviation Industry Corporation I (AVIC I), China Aviation Industry Corporation II (AVIC II) | |
| May 2008 – Nov 2008 | China Aviation Industry Corporation I, China Aviation Industry Corporation II, Commercial Aircraft Corporation of China (COMAC) | |
| Nov 2008 – Present | Aviation Industry Corporation of China, Commercial Aircraft Corporation of China |
China Aviation Industry Corporation was split into two separate entities, China Aviation Industry Corporation I and China Aviation Industry Corporation II in 1999. Both retained civilian and military aircraft production capabilities, along with a number of unrelated business ventures. The split was intended to foster competitiveness in the Chinese aerospace industry.[7]
In 2008, AVIC I and AVIC II officially merged back together. The previous separation resulted in split resources and led to redundant projects. The goal of the merger was to eliminate this redundancy and spin off pursuits unrelated to aerospace, such as motorcycle and automobile parts manufacturing.[8]
In April 2009, The Wall Street Journal reported that computer spies, allegedly Chinese, "had penetrated the database of the Joint Strike Fighter program and acquired terabytes of secret information about the fighter, possibly compromising its future effectiveness."[9] AVIC allegedly "incorporated the stolen know-how into China's Chengdu J-20 and Shenyang FC-31 fighters."[10] [11] [12]
In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included AVIC.[13] [14] [15] [16]
In February 2023, the Center for Advanced Defense Studies reported that customs data showed that AVIC shipped parts for Sukhoi Su-35 fighter jets to a subsidiary of sanctioned Russian defense company Rostec following the 2022 Russian invasion of Ukraine.[17]
| List of airliners of AVIC | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aircraft | Type | Description | Developer | Seats | Number Built | Maiden Flight | Introduction | Production Ceased | Retired | ||||||||||
| Xian MA60 | Turboprop Airliner | Turboprop Regional airliner | Xi'an Aircraft Industrial Corporation | 62 | 110+(330 on order)[18] | 25 February 2000 | |||||||||||||
| Xian MA600 | Turboprop Airliner | Turboprop Regional airliner | Xi'an Aircraft Industrial Corporation | 60 | 18+(310 on order) | 10 October 2008 | |||||||||||||
| Xian MA700 | Turboprop Airliner | Turboprop Regional airliner | Xi'an Aircraft Industrial Corporation | 68-86 | - | planned November 2019 | |||||||||||||
| CBJ800 | Jet airliner | Business jet | Chengdu Aircraft Industry Group | 9-12 | - | planned 2016 | |||||||||||||
(*) indicates under development