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1. Feature Story / Pacific Sunrise, Inc Selected as Facilitator for ChinaExpo 2000 in $117-milion Accounts Receivable controversy. Gary Gysel and R. Chojnacki heads Diamond Aircraft inquiry. Diamond Aircraft operates in PR China as: Dagao General Aviation, Zhanhua City,
••• Shandong Province. Aircraft JV to start mass production in East China / Updated: 2006-12-09 10:48 / 100DiamondChinaUpdate2007 /
••• A Sino-Austrian joint venture in East China is to step up production of the DA-40 light aircraft in order to meet growing demand for training and private aircraft.
••• BinAo Aircraft Industries Co. Ltd. has received total orders for 200 DA-40s, each costing about 180,000 US dollars, mostly from pilot training schools, said BinAo manager Li Songlin.
••• The joint venture was established in April last year by Austria's Diamond Aircraft Industries GmbH and Dagao General Aviation in Zhanhua City, Shandong Province.
••• It has an annual production capacity of 500 aircraft, equal to the total number of private aircraft in China.
••• Diamond's DA-40 is a four-seater aircraft suitable for pilot training or personal transport. It can cruise at 200 kilometers per hour on a single engine.
••• The first Diamond aircraft rolled off the production line in October last year and the company has produced 16 to date.
••• "All DA-40 aircraft will be produced in Shandong in a few years," said Christian Dries, chief executive officer of Diamond Aircraft, adding the move would help meet demand for pilot training and personal transport in China and southeast Asia.
••• The company has estimated that China's demand for private aircraft would exceed 1,000 a year in five to ten years.
••• Most aircraft parts were purchased from abroad, but as BinAo improved its technological capacity, more composite materials and parts would be produced in Shandong, said Cai Guohua, party secretary of Zhanhua county.
••• "Mass production will boost the development of China's general aviation industry and the development of related industries like composite materials, electronics and communications," said Cai.

Part 02 / More on Aviation and Avons Future /
More on Aviation and Avons Future / About China's 5 to 10-year plans

Part 03 / More on DiamondAir's Mass Production Plant - From China Daily

4. Related Stories /
109 CSN / A Pete Allman Report. The Largest PI Ad Deal For TVI Was the 1997 $117M China Expo2000 Diamond Aircraft Entry To PR China. Christian Dries, CEO of Diamond Aircraft Industries Gmbh, Neustadt, Austria / Michael Slingluff, Jason Foulds, Canada / GPI - Wayne Gan -- MORE STORY

COMING 2007
COMING -- MORE STORY THE FEDS AND REVALUATING THE PEOPLE'S YUEN FOR US DOLLARS.
MORE ABOUT DIAMOND AIRCRAFT - PART 03 / 2007 FUTURE IN CHINA.

More Articles • Converging News DECEMBER 2007 / TeleCom BuyOuts, Spinoffs and Asset Seizure Boom

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