China’s Sichuan Dahua Acquires Austria’s ‘ArrowCopter’ | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne Unlimited--10.21.19

Airborne Unlimited--10.22.19

Airborne Unlimited--10.16.19

AMA Drone Report--10.17.19

Airborne Unlimited--10.18.19

Airborne-YouTube

Airborne Unlimited--10.21.19

Airborne Unlimited--10.22.19

Airborne Unlimited--10.16.19

AMA Drone Report--10.17.19

Airborne Unlimited--10.18.19

Tue, Oct 08, 2019

China’s Sichuan Dahua Acquires Austria’s ‘ArrowCopter’

Production To Remain In Austria, Company Says

Sichuan Dahua General Aircraft Manufacturing Company of China has successfully acquired the entire assets of leading European gyrocopter company, ArrowCopter. The transaction was brokered by consultants Aerospace Investments Co. Ltd (U.K.) and Silk Wings Aviation (Beijing), who are now actively assisting in the completion phase. The deal follows the recent conclusion of a formal agreement in an insolvency court in Austria.

Production of the all-composite ArrowCopter will remain in Austria while discussions take place with several of the company’s former key personnel.

Sichuan Dahua General Aircraft Manufacturing Company says it is committed to investing in production in Europe. There will also be a parallel, complementary certification program to prepare the ArrowCopter for serial production in China. Dahua will continue to further develop the business, focusing on R&D upgrades on the ArrowCopter series, as well as streamlining production within Europe and China.

The market potential for gyrocopters in Asia is developing rapidly, especially in China, where the ArrowCopter will be certified in the lightweight sports (LSA) category. Three Gyrocopter manufacturers have already been certified by the Civil Aviation Administration of China (LSA) and are enjoying strong sales success.

(Source: ArrowCopter news release via Vertical Mag. Image provided)

FMI: Source report

Advertisement

More News

Airborne-Unmanned 10.15.19: FLIR Acquires, Stratollite, Porsche-Boeing Partner

Also: NBAA 2019 Schedule, DJI Mavic Mini, Department of Defense, Chula Vista PD Drones, Terra Drone FLIR Systems has acquired the intellectual property (IP) and certain operating a>[...]

ANN's Daily Aero-Term (10.21.19): Discrete Code

Discrete Code As used in the Air Traffic Control Radar Beacon System (ATCRBS), any one of the 4096 selectable Mode 3/A aircraft transponder codes except those ending in zero zero; >[...]

ANN's Daily Aero-Linx (10.21.19)

Aero Linx: Remote Area Medical (RAM) Remote Area Medical (RAM) is a major nonprofit provider of free mobile clinics. Our mission is to prevent pain and alleviate suffering by provi>[...]

Bob Hoover Legacy Foundation Unveils New Display at NBAA

Hoover Foundation Located at Booth #6932 at NBAA-BACE 2019 The Bob Hoover Legacy Foundation will be unveiling an attractive new tradeshow display, and participating this year as an>[...]

Airborne 10.18.19: Global 5500-6500 Cert, MMOPA Safety Mtg, A220 Hiccups

Also: NBAA Webcast Schedule, Hoover Foundation at NBAA, SpaceX Steps Up, Gulfstream G500 Cert, Bust Of Orville Wright EASA has certified the two latest additions to the Bombardier >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2019 Web Development & Design by Pauli Systems, LC