3 December 2017
Slovenian firm Pipistrel has signed a landmark deal with a Chinese entrepreneur to build a factory in China to manufacture two of its latest aircraft, the electric power Alpha Electro two-seat trainer and the top-of-the-range Panthera four-seater.
The deal was signed on Friday, 1 December between Pipistrel boss Ivo Boscarol and Danny Wu Hao in Jurong City, Jiangsu Province. The joint venture, Pipistrel Asia-Pacific, is owned 51% by Boscarol and 49% by Wu Hao, who is the financial partner providing the capital investment.
Pipistrel boss Ivo Boscarol, right, and Chinese entrepreneur Danny Wu Hao sign the deal.
Pipistrel’s electric Alpha Electro trainer will be built at the Chinese factory, alongside the Panthera four-seater (top). All photos: Pipistrel
Pipistrel Asia-Pacific will own the technology and production rights for the two aircraft for eleven countries in south-east Asia.
‘Project Jurong’ will see a new airport, aircraft factory, villas compound and an aviation university built on a 130-hectare site.
Pipistrel Asia-Pacific will comprise a whole complex including airport, factory, accommodation and university.
The complex is located next to a highway which connects it to Jurong City, 10 minutes away by car) and the international airport in Nanjing, 30 minutes drive. A direct airline connection will be established from Nanjing to Maribor Airport in Slovenia in 2019.
1 comment
The brilliant collaboration between an innovative and dynamic light aircraft manufacturer , Pipistrel and the entrepreneurial spirit of Chinese general aviation company , will surely be a welcome boost to limited growth in the acceptance of the latest trends and innovation in most of the South East Asian countries ! Our heartfelt congratulations to both companies ; as well as , to FLYER , for being up-to-date on the latest progress of gen-av in this part of the world !