[Avionics Today 11-12-2014] Safran and AVIC signed, through their respective companies Snecma and SAIC, a framework agreement on the creation of a joint venture in China for the production of turboprop engine for commercial aircraft. The aim of this cooperation is to design, test and produce power turbines and flame tubes for the two parent companies.
Snecma and SAIC will hold 50 percent of total stock respectively in this new common entity located in China, which will hire around 50 specialized engineers, most of whom will be recruited locally. Meanwhile, the joint venture will have facilities of design, testing and production.