Chongqing Helicopter Investment Corporation and AgustaWestland have agreed to a statement of intent to examine future collaboration opportunities in order to meet the growing market in China. The companies will create a joint venture in the Liangjiang New Area of Chongqing, with the first test-flight of the JV-produced aircraft slated for late 2012. AW also created another joint venture, Change Agusta Helicopter (CAH), with AviChina‘s Jiangxi Changhe Aviation Industries Company.
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