23/09/2009 06:56:00

AVIC Aircraft and Nexcelle Announce Plans for a Nacelle Joint Venture in China

A MOU signed today by AVIC Aircraft Corporation and

Aircelle/MRAS/Nexcelle creates the framework for a new joint venture

that will design and manufacture engine nacelle and components for a

full range of aircraft applications.

This MOU, which was signed in Beijing during Aviation Expo China 2009,

marks the first step in establishing a long-term alliance focused on

engine nacelle technology and the production of nacelle and components

to be used on both new and existing aircraft.

The accord brings together key aviation industry leaders for

collaboration on engine nacelle technology – which is one of the

fundamental elements in an aircraft’s performance, efficiency and

environmental footprint. AVIC Aircraft is responsible for the

development of medium/large transport, commercial aircraft and landing

gear systems and nacelle in China, while Nexcelle is the nacelle joint

venture company created by GE’s Middle River Aircraft Systems and

Aircelle, a Safran group company.

“Our MOU is an important milestone for AVIC Aircraft as we establish new

aviation capabilities in China,” said Hu Xiaofeng, the president of AVIC

Aircraft. “It is important to work with the best partners for crucial

technologies such as engine nacelles.”

AVIC Aircraft and Nexcelle will consider a broad range of nacelle and

components manufacturing and design opportunities, including current

production programs and for new aircraft. Categories could range from

business jets to large airliners.

“We are extremely pleased to join with AVIC Aircraft for this long-term

cooperation, which opens new prospects to meet evolving air

transportation needs in China and elsewhere,” stated Nexcelle President

Steve Walters.

The joint venture will be a 50/50 shared company, and is backed by the

resources of Nexcelle’s two parent companies – Aircelle and Middle River

Aircraft Systems – as well as their parent companies GE Aviation and

Safran groups.

“This is a significant opportunity to rapidly develop new nacelle

capabilities in China, and to work with AVIC Aircraft as it performs a

vital role in building the country’s aviation sector,” added Jean-Pierre

Cojan, the Chairman and CEO of Aircelle.

About AVIC Aircraft

AVIC Aircraft Corporation Ltd. is one of the major subsidiaries of AVIC.

It owns seven member companies, including the First Aircraft Institute,

Xi’an Aircraft Industry (Group) Corporation Ltd., Shannxi Aircraft

Industry (Group) Co., Ltd., AVIC Landing Gear Advanced Manufacturing

Co., Xi’an Aviation Brake Technology Co. Ltd. Shenfei Aircraft

Commercial Co. and Chengfei Commercial Aircraft Co. The main business of

AVIC Aircraft covers Design, production, marketing and services for

large-and medium sized transport aircraft, civil passenger aircraft and

aircraft landing gear systems; basic manufacturing technology research

and transfer of achievements; contracting components design and

production for domestic and overseas large passenger aircraft.

About Nexcelle (

www.nexcelle.com

)

Nexcelle is creating smart nacelle systems for tomorrow’s world travel.

Headquartered in Cincinnati, Ohio, USA, the company is a joint venture

of Aircelle and Middle River Aircraft Systems (MRAS), which are leading

suppliers of engine nacelles, thrust reversers and aerostructures.

Through Nexcelle’s relationship with CFM International, the company

brings unparalleled expertise in the design, development, production and

support of integrated propulsion systems for a wide range of aircraft.

Media Contacts:

Frédérique Thomas

Aircelle

Tel:

+33 (0)1 30 07 90 14

frederique.thomas@aircelle.com

or

Jennifer

Villarreal

GE Aviation

Tel: +1 616 241 8643

jennifer.villarreal3@ge.com

or

Geoff

Li

GE Aviation

Tel: +(86) 139 1818 9557

Geoff.li@ge.com

or

Mr.

Zhu Zhenjun

AVIC Aircraft

Tel: 135 0122 7360

zhuzj@avic.com.cn

or

Jeffrey

Lenorovitz

The InfoWEST Group

Tel: +1 703 560-6330

jleno@infowestgroup.com

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