Log in to use our free company, program and sector update tracker feature.

February 2006 edition

Libya attracts investment and aircraft modernisation

Finmeccanica, AgustaWestland and the Libyan Company for Aviation Industry have joined forces to form the Libyan Italian Advanced Technology Company, or LIATEC. Libyan Company for Aviation Industry will own a 50 per cent share, while the other two firms will each hold 25 per cent.

Finmeccanica and AgustaWestland will contribute know-how, training, technology and equipment to the venture, and the Libyan Company will mainly invest in infrastructure, plant and local marketing activities.

The company’s headquarters will be in Tripoli. From there, LIATEC plans to invest in the aeronautics technology and electronics systems of most interest to the country. It also hopes to modernise Libya’s existing fleet of helicopters and aircraft and launch a maintenance centre and production assembly line.


Full report (164 words) is available by subscription:  

Tell a friend/colleague about this story:



 Contact details from our directory:
Leonardo-Finmeccanica Helicopters Airframer

Subscribers are able to access the full text of articles on this web site, and in a downloadable PDF newsletter. If you have a subscription already then please log in, otherwise see our latest subscription offers.

Enhanced listings:

Reduce the time spent on current projects by using ESDU – engineering data and software that have been approved and endorsed by professional institutions.

Quintus Technologies
Quintus Technologies is a global leading provider of high pressure fluid cell presses and hydroform deep-draw presses for sheet metal forming

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

MW Industries, Inc
Design and manufacture springs, fasteners and related products for aerospace including: engine components, flight controls, propulsion, landing gear, interiors, avionics, and space exploration vehicles.

Dexmet Corporation
Dexmet MicroGrid® an innovative product line that help improve the composite aircraft withstand the rigors of a lightning strike

See our advertising tariff.


data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.