Liberty To Announce China Deal

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It may have been born in the U.S.A. but youll soon find Liberty in China. Reuters is reporting that Liberty Aerospace has reached a deal with a Chinese company (half owned by the Chinese government) to build its XL-2 two-place touring aircraft for use in China. Anyang Angel Aero Science and Technology Development Co. Ltd. will build the airframes for the aircraft at a new $300 million plant it will build at an undisclosed location. Engines and avionics will come from the U.S. It’s expected that most of the aircraft will be used by flight schools in China. Theres no mention of the effect of the China deal on Libertys operations in Melbourne, Fla. The announcement comes on the heels of Cessnas announcement that it will build its Light Sport training aircraft, the 162 Skycatcher, in China, which has some parallels to the Liberty deal. It too is an airframe-only arrangement, with engine and avionics being shipped from the U.S.

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