Wanfeng Aviation Industry Buys Diamond Aircraft
Industries
Ben Chen, the new chairman of Diamond Aircraft
Industies, welcomes Diamond employees to the Wanfeng Aviation
family.
Hangzhou, China-based Wanfeng Aviation Industry has
purchased Austria's Diamond Aircraft Industries. In late 2016, Wanfeng acquired
a 60-percent stake in Diamond's manufacturing operation in Canada as well as
rights to manufacture the seven-passenger DA62 twin and four-passenger DA40
single. The acquisition includes aero-diesel engine manufacturer Austro Engine.
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