IndUS Aviation Partners with China to Manufacture and Distribute Thorpedos World Wide
Oshkosh, Wisconsin, July 29th, 2010: Dallas-based IndUS Aviation has inked a deal with Chinese officials and private investors in China to move production of the Thorpedo Light Sport Aircraft to the new LuYangHu General Aviation Development Zone in Weinan, China. The unprecedented partnership, which puts IndUS in a unique collaboration with the Chinese government and private industry in central China, is expected to begin building aircraft this fall.
“The Thorpedo is ideal to put into large-scale production,” Dr. Ram Pattisapu, IndUS CEO, says. “It does not require specialized jigs or fixtures which enables us to quickly develop production capacity of up to and beyond 100 Thorpedos annually with our Chinese partners.”
This new deal binds IndUS with Mr. Ning An, president of China’s IPI Information Technology and Dr. Yuanyang Gao, representing the Chinese city of Weinan. The partners will now operate a newly created company presently called ‘IndUS-IPI’.
China’s less expensive labor force, plus that nation’s burgeoning interest in all things aviation, has attracted interest for aviation and aerospace companies. Other manufactures, including Boeing, Diamond Aircraft and Airbus, have established manufacturing facilities there.
IndUS Aviation joins Cessna Aircraft as the only two American aviation companies building light sport aircraft in China, however with a different and unique business model. “We will focus on building primary entry level aircraft in large numbers to meet the expected demand for such aircraft in India and China. With our new Chinese partners, we will develop the LSA market in Asia, and continue to oversee final assembly of Thorpedos in Dallas to support sales in North America”, Pattisapu said.
Under the new agreement, IndUS will be responsible for all research and development, modifications and technical updates in the USA, with requisite FAA and international aviation agency approvals. The reciprocal agreement involves equity positions between IndUS and IPI, with support of Weinan government. This unique collaboration between private industry in the US and China was made possible through the sponsorship of the Weinan City government.
The Thorpedo LSA is a variant of the FAR 23-certified Thorp T-211 SkySkooter.
IndUS Aviation manufactures the Thorpedo Light Sport Aircraft at their corporate headquarters at Dallas Executive Airport, KRBD, in Dallas, Texas. The Thorpedo is based on the 1946 Type Certified Thorp T211. For more information contact IndUS Aviation at www.indusav.com, email@example.com or call 214-330-5300. IndUS Aviation, inc., Dallas Executive Airport 5673 Apollo Drive Dallas, TX 75234