(NSI News Source Info) BEIJING, China - July 13, 2010: The China Aviation Industry Corporation (AVIC) has concluded a delivery contract with Venezuela on twenty five multi-purpose Y-12 light aircraft and two helicopters, the China Daily said on Tuesday.
The aircraft will be used by a new airline company to be established by the South American state. An AVIC source denied the Chinese side planned to invest $300 million in the new air carrier.
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