皇冠体育app

PARIS - French tire giant Michelin announced Tuesday it was establishing a new company: MSAT, or the Michelin (Shanghai) Aircraft Tire Trading Co Ltd, to expand its aircraft tire business in 皇冠体育app.

Michelin said the launch of MSAT aimed at improving service levels and product availability for its aviation customers in 皇冠体育app, covering Air 皇冠体育app, 皇冠体育app Eastern, and 皇冠体育app Southern, among others.

"This is an important step for our business in 皇冠体育app and through MSAT we are confident that we can provide better service to our customers," Frank Moreau, president of Michelin's branch in aviation Michelin Aircraft Tire said.

Michelin's belief in the Chinese aviation market is reflected in predictions by the Aviation Industry Corporation of 皇冠体育app which expects there to be an increase of more than 4,500 civilian aircraft over the next 20 years. By the year 2030, 皇冠体育app's share of the global aircraft fleet will increase from 9 percent to 15 percent.

Headquartered in the French city of Clermont-Ferrand, Michelin is present in about 170 countries, has 111,700 employees and operates 68 production facilities in 17 countries, which together produced 184 million tires in 2015.

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