Price Induction SA and AVIC International agreement
Apr 20, 2012 12:00 am
Aircraft, Engines & Components
Price Induction SA has signed a commercial agreement with AVIC INTERNATIONAL HOLDING CORPORATION (AVIC INTL) to promote the sales of its WESTT solutions in the Chinese market. The WESTT products are educational tools dedicated to the requirements of aeronautical engineering universities and schools. They are designed and manufactured by Price Induction. This temporary agreement has been signed, as a first step, towards the establishment of a permanent structure by Price Induction in China.
The range of engines developed by Price Induction, the DGEN 380/390 or the ARAM 390, represents one of the ways of modernising general aviation aircraft. Offering reliable and affordable turbines and in particular, a turbofan with high and very high bypass ratios.
The Chinese market represents significant opportunities for these products, with dozens of potential clients for the WESTT BR and WESTT SEV, which are real test benches and for the WESTT CS/BV virtual test bench.
The creation of Price Induction China, which is expected before the end of the year, is part of a strategy of creating subsidiaries dedicated to sales and technical assistance, launched by Price Induction SA three years ago and which has already lead to the foundation of Price Induction Inc. (Atlanta), Price Induction Brasil (São Jose dos Campos) and Price Induction GMBH (Berlin).