DA62 MPP - diamond-air.at
By Russ Niles | December
23, 2017
Austrian-based Diamond Aircraft Group has been acquired
by the Chinese company that purchased Diamond’s North American operations last
year. Almost a year to the day that Wanfeng Aviation Industry Co. Ltd. bought
Diamond’s London, Ontario, plant, the Chinese firm bought the Austrian holdings
of sole shareholder Christian Dries, who founded Diamond 25 years ago. Wanfeng
said in a joint announcement it intends to increase production and sales,
expand distribution and support networks and keep designing new aircraft.
"We were attracted to Diamond’s leadership position
in the market,” Wanfeng Chairman Bin Chen said in a statement. “Based on this
excellent foundation, we intend to take Diamond to a long-term leadership
position in worldwide general aviation.” Wanfeng is one of China’s biggest
companies, particularly in the auto sector, and has the horsepower to invest in
Diamond’s growth, something Dries said was a major factor in his decision to
sell. “Diamond is my life’s work. In the interest of a successful long-term
future, we needed to find the right partner to continue our good work,” Dries
said. “Wanfeng and specifically Mr. Bin Chen share my vision of the future of
general aviation and are investing for the right reasons, with a long-term
strategy and the resources to see their vision through.” Last year’s
acquisition of the North American division resulted in a separation of the
Diamond product lines and the role of the Canadian operations was not discussed
in the release.
Original post: avweb.com
DA62 MPP Special Mission Aircraft: Details
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