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Planes set for int'l market push

By Lu Haoting (China Daily)
Updated: 2007-02-01 10:08

China National Aero-Technology Import & Export Corporation (CATIC), which handles over 80 percent of the country's aviation exports, is poised to "make great efforts" to explore international markets for Chinese commercial airplanes, the company said yesterday.

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"We will set up a new division that specializes in the marketing of commercial airplanes this year," said Huang Bin, CATIC spokesman.

CATIC, one of China's largest trading companies, will strengthen the marketing, after-sales service and operation management of China-made commercial planes, including MA60 turboprops, Y12 transport planes and other regional jets, Huang said.

The company also plans to expand its overseas sales network by setting up more offices in new countries and regions, he said.

CATIC currently has about 50 overseas companies and representative offices in more than 30 countries and regions.

Yesterday CATIC reported a record high profit of 780 million yuan in 2006, a jump of 140 percent over the previous year.