Chinese Wanfeng Buys the Majority of Shares in Diamond Aircraft
2017-12-28Reading Time: < 1 minute Chinese automotive and aviation company Wanfeng has bought the majority of shares in Austria’s Diamond Aircraft, the fourth largest general aviation manufacturer in the world. News of the takeover broke just as employees of the Wiener Neustadt factory were breaking up for their Christmas holidays. Diamond also had a subsidiary business in London, Ontario, Canada, […]