AVIC International Aero-Development completed the acquisition of Aim Aviation.

AVIC International Aero-Development, a leading Chinese multinational aviation company, completed the acquisition of Aim Aviation, a company that is dedicated to the design and manufacture of leading-edge Aircraft Interiors. Financial terms were not disclosed. The agreement will give AIM Altitude access to AVIC’s global reach and an extensive network of clients and suppliers in the thriving Asian aviation market. AVIC’s scale and access to the Chinese market will also boost AIM Altitude’s expertise in designing, engineering and manufacturing cabin interiors for the world’s major airlines. “This is a very exciting development for AIM Altitude as it combines our design, engineering and manufacturing strengths with a major strategic aerospace business who have a particular focus on growing our commercial aircraft interiors market presence and capabilities in China and the Far East,” Mark Edwards, AIM Aviation CEO.