|State owned company|
|Industry||Aerospace, Defence, Electronics|
|Predecessor||China Aviation Industry Corporation I|
China Aviation Industry Corporation II
|Founded||November 6, 2008|
|Headquarters||Chaoyang District, Beijing, China|
|Tan Ruisong (Chairman and CEO)|
|Products||Civil and military aerospace|
|Revenue||CN¥ 392 billion / US $62.3 billion (2014)|
|CN? 370.6 billion (2016)|
|CN? 16.73 billion (2016)|
|CN? 854.6 billion (2016)|
Number of employees
|Aviation Industry Corporation of China|
Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defence conglomerate. Being one of the premier defence and aerospace companies in the world, it is ranked 159th in the Fortune Global 500 lists, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe.
Since being established on 1 April 1951 during the Korean War as the Aviation Industry Administration Commission, 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, American aircraft manufacturer Cirrus in 2011, and American specialized parts supplier Align Aerospace in 2015.
|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: )|
|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[Note 1]|
China Aviation Industry Corporation was a Chinese consortium of aircraft manufacturers. On July 1, 1999, this consortium was split into China Aviation Industry Corporation I and China Aviation Industry Corporation II.
On 28 October 2008, AVIC I and AVIC II officially merged because the previous separation resulted in split resources and led to redundant projects. The major focus of AVIC is to efficiently develop indigenous military technologies, and to eventually compete with Airbus and Boeing in the civilian airline industry.
During the Airshow China 2008, AVIC appeared to the public for the first time.
In 2009, Avic projected a 30 t (66,000 lb) civil Advanced Heavy Lifter (AHL), likely also useful to the Chinese military. In 2014, the 6,000 kW (8,000 hp) Chinese WZ-20 was reportedly selected. In 2015, the joint project with Russian Helicopters grew to 38.2 t (84,000 lb), with a seven blades main rotor and a 5,700 m (18,700 ft) ceiling. In 2016, Avic took control, leaving Russian Helicopters as a supplier, presumably of the transmission. In 2018, maximum weight grew again to 42 metric tons (93,000 lb.), with a 38.7 t (85,000 lb) takeoff weight for a 10 t (22,000 lb) internal payload at low altitudes or a 15 t (33,000 lb) external one, and a 6,000 m (20,000 ft) ceiling. The Russian Mil Mi-26 is larger while the 39.9 t (88,000 lb) Sikorsky CH-53K is the largest US helicopter.