Ibis Aerospace
Encyclopedia
Ibis Aerospace is a 50-50 joint venture
created on July 1, 1997, between Aero
of the Czech Republic
and AIDC
of Taiwan
to manufacture and market the Aero-designed Ae 270 turboprop civil utility aircraft.
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
created on July 1, 1997, between Aero
Aero Vodochody
Aero Vodochody is a Czech aircraft company, active from 1919, notable for producing the L-29 Delfin, L-39 Albatros, L-59 Super Albatros and the L-159 Alca....
of the Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
and AIDC
Aerospace Industrial Development Corporation
Aerospace Industrial Development Corporation is a state-owned aerospace company based in Taichung, Republic of China . It is known for developing the AIDC F-CK-1 Ching-kuo fighter.-History:...
of Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...
to manufacture and market the Aero-designed Ae 270 turboprop civil utility aircraft.