HONGDU MD HELICOPTERS
New joint venture created in early 2003 by RDM Holdings (60 per cent) and Hongdu Aviation Industry Group (40 per cent), with initial US$10 million investment by RDM, under which HMDH will assemble MD 500 and 600 series helicopters from US-supplied kits, first of which were scheduled for delivery to China in March 2003.
Recent sales to China (2002) have included an MD 500E and an Explorer to Guangdong General Aviation Company (which also operates an MD 600N), and one MD 500E to Xiongying Aero Club. At its formation, HMDH had received commitments from local law enforcement and tourist agencies. Future plans envisage gradual progression towards an increased share in the manufacturing process.