Cessna Aircraft Co said on Tuesday it will partner with Chinese Shenyang Aircraft Corp to manufacture its new model 162 SkyCatcher airplanes.
Shenyang Aircraft Corp (SAC) is a subsidiary of China Aviation Industry Corporation I, a government-owned consortium of aircraft manufacturers.
Cessna will design the planes and handle American Society for Testing and Materials (ASTM) compliance work. SAC will be responsible for assembly. The light sport aircraft has an introductory price of $ 109,500 for the first 1,000 orders after which the price will increase to $ 111,500. The company said orders have already approached 900.