Xi’an Aircraft Industry Group Co.

What Xi’an Aircraft Industry Group Co. does

Xi'an Aircraft Industry Group Co. (ticker 000768, Shenzhen Stock Exchange), branded as "中航西飞" (AVIC Xi'an Aircraft), is a Chinese state-owned aerospace manufacturer and wholly-owned subsidiary of Aviation Industry Corporation of China (AVIC Group). Founded in 1958 as the Xi'an Aircraft Production Base and listed in 1997 as China's first publicly traded aviation manufacturing company, the firm functions as a core enterprise for large and medium-sized military and civilian aircraft research, development, and production. Its main operational lines cover indigenous civil aircraft programs (C919 wing and center fuselage work packages, ARJ21/C909 fuselage and wings accounting for over 60% of airframe content, MA60/MA600 regional turboprops, AG600 amphibious aircraft), military transport programs, and international subcontract manufacturing for Boeing (vertical stabilizers), Airbus (A319 wing rib boxes, A320 wings), Bombardier, and Alenia since 1980. A December 2020 asset restructuring absorbed Xi'an Aircraft Industry (Group), Shaanxi Aircraft Industry (Group), and Tianshui Aircraft Industry to consolidate large/medium airframe manufacturing.

Underlying capabilities include independent aircraft design with proprietary IP across ARJ21, C919, MA60, MA600, and AG600; digital collaborative design manufacturing; 3D assembly process design and virtual simulation; large structural parts CNC machining; composite primary load-bearing component manufacturing; integral panel shot peen forming; large skin precision forming; automated drilling and riveting; digital assembly with optical measurement; and a pulse-line final assembly system built on lean machining centers, composite lines, and digital sub-assembly lines. The company also operates Xifei Aluminum, an industrial extrusion subsidiary.

Revenue is generated through one-time aircraft and component sales to government/defense buyers, COMAC for C919/ARJ21, domestic airlines for the MA series, and international aerospace OEMs for subcontract parts. Ancillary revenue comes from post-delivery aircraft maintenance, after-market services, and aluminum profile sales. Pricing is not publicly disclosed; contracts are negotiated per project, with multi-year terms reflecting long development and delivery cycles typical of aerospace programs. Distribution is entirely direct enterprise sales, with no channel intermediaries. The company is headquartered in Yanliang District, Xi'an, Shaanxi Province, and was recognized by the Shenzhen Stock Exchange with eight consecutive years (2017–2024) of 'A' level information disclosure assessment.

Name

Xi’an Aircraft Industry Group Co.

Legal name

中航西安飞机工业集团股份有限公司

Website

https://xac.com.cn

Company type

Public

Founded year

1958

Operating status

Operating

Headcount range

10,001+ employees

Short description

Xi'an Aircraft Industry Group Co. (Shenzhen ticker 000768) is a Chinese state-owned aerospace manufacturer under AVIC Group, producing large/medium military and civil aircraft (C919, ARJ21, MA60/600, AG600) and Boeing/Airbus subcontract components for government, COMAC, airlines, and global OEMs.

Ownership category

akta.pro rank

Headquarters

HQ city

Xian Shi

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Aircraft Manufacturing and Delivery: Design, manufacture, and delivery of large and medium-sized civil and military aircraft including C909, C919, and related components. Revenue generated from original aircraft sales to airlines, government agencies, and defense customers.
2. International Subcontract Production: Aircraft component manufacturing for international partners including Boeing, Airbus, and others. Started in 1980 with Bombardier contract, evolved through three stages: drawing-material processing, drawing-material purchasing, and synchronous participation in customer new project development.
3. Aircraft Maintenance and Services: Post-delivery aircraft maintenance and after-market services for civil aviation customers.
4. Aircraft Parts Supply and Support: Body component design, manufacturing, and support services for major civil aircraft programs (ARJ21, C919) and international aerospace partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Xi'an Aircraft Industry Group designs, manufactures, and sells large and medium-sized military aircraft and civil aircraft, including airframe components for the COMAC C919 narrow-body program, ARJ21 regional jet, AG600 amphibious aircraft, and domestically developed regional turboprops such as the MA60 and MA600. The company also runs an international subcontract production business supplying airframe parts to Boeing and Airbus, and an aluminum alloy materials business through its Xafei Aluminum subsidiary.

Product overview

AVIC Xi'an Aircraft Industry Group Co. (中航西飞) is a core enterprise for large and medium-sized military and civil aircraft research, development, and production, listed on the Shenzhen Stock Exchange (stock code 000768). The company operates four main product platforms: (1) Civil Aviation Aircraft including C919 (supplying wings, center fuselage), AG600 (large amphibious aircraft), MA60/MA600 regional turboprop aircraft, and ARJ21 regional jets; (2) International Subcontract Production supplying Boeing, Airbus and other major manufacturers with components including A320 wings, Boeing vertical tails, and A319 wing boxes; (3) Industrial Manufacturing through Xafei Aluminum producing aluminum profiles and extrusions; and (4) Modern Services. The company has built advanced manufacturing capabilities including lean machining centers, composite production lines, digital sub-assembly lines, and final assembly pulse production lines.

Differentiator

Problem solved

Functional benefit

Brands

• 新舟系列 (MA Series): Civilian regional aircraft series including MA60 and MA600 developed and manufactured by the company for domestic and international markets.
• C919 Components

Products and services

• C919 airframe assemblies and components Major airframe assemblies and components for the COMAC C919 single-aisle commercial aircraft, supplied to COMAC as a Tier-1 domestic airframe supplier.
• AG600 airframe assemblies and components Major airframe assemblies and components for the COMAC AG600 amphibious aircraft, supplied to COMAC as a Tier-1 domestic airframe supplier.
• ARJ21 airframe assemblies and components Major airframe assemblies and components for the COMAC ARJ21 regional jet, supplied to COMAC as a Tier-1 domestic airframe supplier.
• MA60 regional turboprop (新舟60) Domed indigenous 50-60 seat regional turboprop aircraft developed and produced by Xi'an Aircraft for regional airlines and operators in domestic and overseas markets.
• MA600 regional turboprop (新舟600) Indigenous regional turboprop aircraft developed and produced by Xi'an Aircraft, successor variant to the MA60, sold to regional airlines and operators in domestic and overseas markets.
• International subcontract production (国际转包生产) Subcontract manufacturing of airframe parts and assemblies for international aerospace OEMs including Boeing and Airbus, operated continuously since 1980.
• Xafei Aluminum materials (西飞铝业) Aluminum alloy materials and related processing products manufactured by the Xafei Aluminum subsidiary for internal aircraft programs and external customers.

Quantifiable outcome

• Over 60% of ARJ21 aircraft manufacturing content (fuselage and wings)
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and major.

• Bombardier (庞巴迪公司)coreChannel Partner/ Reseller/ Distributor · 4 September 1980First international subcontract production partnership started September 4, 1980 with Bombardier. This partnership established AVIC Xi'an Aircraft's international aerospace cooperation journey and has evolved through three stages of cooperation over decades.
• Boeing (美国波音公司)coreChannel Partner/ Reseller/ DistributorLong-term subcontract manufacturing partner for Boeing aircraft components including vertical stabilizer assemblies. A key international partner in the global aerospace supply chain.
• Airbus (欧洲空客 - 法航、英宇航)coreChannel Partner/ Reseller/ DistributorStrategic partnership with Airbus for manufacturing aircraft wing components including A319 wing rib boxes. Successfully delivered A320 wing first delivery and achieved fuselage connection on March 16, 2010.
• Alenia (意大利阿莱尼亚公司)majorChannel Partner/ Reseller/ DistributorInternational aerospace manufacturing partnership with Italian aerospace company Alenia for aircraft component production.
• Applied Materials (美国应用材料公司)majorTechnology or IntegrationInternational aerospace subcontract manufacturing partnership with US-based Applied Materials company.
• Commercial Aircraft Corporation of China (中国商用飞机有限责任公司 / COMAC)coreChannel Partner/ Reseller/ DistributorPrimary supplier and development partner for C909 (ARJ21) and C919 civil aircraft programs. AVIC Xi'an Aircraft is responsible for fuselage, wing design, manufacturing, and related services, accounting for over 60% of ARJ21 manufacturing content.
• AVIC General Aviation (中航通用飞机有限责任公司)coreChannel Partner/ Reseller/ DistributorLong-term stable partnership for regional aircraft development including MA60, MA600, AG600 amphibious aircraft programs and related aviation manufacturing.
• AVIC Group (中国航空工业集团有限公司)coreStrategic or Co-development PartnerParent company AVIC Group is a state-owned enterprise managing aviation industry. AVIC Xi'an Aircraft is a subsidiary under AVIC Group, which controls over 100 member units with approximately 400,000 employees.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• GKN Aerospace: Global Tier-1 aerostructures supplier specializing in wings, fuselage, and engine components for Boeing, Airbus, and military platforms. Directly comparable to AVIC Xi'an Aircraft's international subcontract work and composite/component manufacturing capabilities.
• Embraer: Brazilian regional jet manufacturer whose ERJ series competes directly with the ARJ21 (whose airframe is largely built by AVIC Xi'an Aircraft). Both target the sub-150-seat regional aviation segment with turboprop and regional jet offerings.
• Spirit AeroSystems: World's largest Tier-1 aerostructures supplier, manufacturing fuselages, wings, and propulsion structures for Boeing and Airbus. Directly comparable to AVIC Xi'an Aircraft's international subcontract business (wing and fuselage assemblies) and business model of large-component airframe manufacturing for Western OEMs.
• Chengdu Aircraft (CAC): Sister AVIC Group subsidiary specializing in fighter aircraft (J-10, J-20). Comparable to AVIC Xi'an Aircraft as a designated core fixed-wing military aircraft manufacturer under the same state-owned parent, with similar Chinese defense supply chain positioning.
• Shenyang Aircraft Corporation (SAC): Sister company under AVIC Group and another core fixed-wing military aircraft manufacturer in China. SAC focuses on fighter aircraft (J-15, J-31) while AVIC Xi'an Aircraft focuses on large transport/multi-role platforms, making them the closest strategic peers within China's state-owned military aviation ecosystem.

Broad incumbents

• Kawasaki Heavy Industries (Aerospace): Japanese aerospace division manufacturing aircraft components for Boeing (787, 777) and military aircraft. Comparable to AVIC Xi'an Aircraft as a major Tier-1 supplier to Western OEMs while also supporting domestic military and civil aircraft programs.
• Mitsubishi Heavy Industries: Japanese aerospace conglomerate with fixed-wing aircraft (SpaceJet/MRJ regional jet program) and military aircraft (F-2, parts for F-15J) manufacturing, plus Boeing partnership via Mitsubishi Aircraft. Comparable full-spectrum aerospace manufacturer with similar dual military-civilian business mix in Asia.
• Airbus: Major Western commercial aircraft OEM and AVIC Xi'an Aircraft's other core international subcontract customer (A320 wings, A319 wing rib boxes). Direct peer in large commercial aircraft manufacturing and global aerospace supply chain integration.
• The Boeing Company: Major Western commercial aircraft OEM and decades-long subcontract customer for AVIC Xi'an Aircraft (vertical stabilizer and other components). Both manufacture complete fixed-wing aircraft and source components globally, with Boeing providing direct comparability on airframe programs and Tier-1 supply chain relationships.
• Commercial Aircraft Corporation of China (COMAC): China's primary commercial aircraft OEM and AVIC Xi'an Aircraft's largest domestic customer. Both are state-owned aerospace champions under AVIC Group, and COMAC's C919 and ARJ21 programs are the dominant platforms for which AVIC Xi'an Aircraft manufactures wings and fuselage.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xi’an Aircraft Industry Group Co.