Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.

Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.

Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.

Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.

Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.

Taiwan’s Aerospace Industrial Development Corporation (AIDC) expects to make gains from this year through investments in a new aero-engine technology facility and its research and development (R&D) in modern aerospace capabilities.

AIDC said that these investments are expected to support the corporation’s development following a current downturn in commercial aerospace business caused by the Covid-19 pandemic.

In a recent statement, AIDC confirmed that its revenues and profits declined last year compared to 2019. Sales were recorded at TWD21 billion (USD747 million) and post-tax profit was TWD395.8 million: year-on-year decreases of 26% and 79% respectively.