Rockwell Collins and Beijing Bluesky Aviation Technology have signed a final agreement creating a joint venture that will design, manufacture, sell and support commercial flight simulators in China.
ACCEL Flight Simulation Co. will be owned equally by Rockwell Collins and Beijing Bluesky Aviation Technology. It will be managed by Andrew Morris of Rockwell Collins, a 38-year veteran of the simulation and training industry with extensive experience in China.
Under the terms of the agreement, both parties are contributing financing, tangible assets and intellectual property. ACCEL Flight Simulation has selected Tianjin Airport Economic Area as its location, a major and growing hub for the aviation and aerospace industry in China.
ACCEL will use Rockwell Collins' CORE™ Simulation Architecture technology and leading visual systems, and Bluesky’s expertise on Chinese commercial aircraft flight simulation training and local service and support.
"With this agreement, Rockwell Collins and BlueSky are transferring all of their commercial simulation systems business to the joint venture to create a global center of excellence,” said LeAnn Ridgeway, vice president and general manager, Simulation and Training Solutions for Rockwell Collins.
"It marks the strongest collaboration yet between our two organizations, and is a monumental step in developing the fastest growing region in the world for commercial simulation and training."
""The signing of the joint venture agreement marks the beginning of our new journey together between Bluesky and Rockwell Collins," said Jin Dongsheng, chairman of Beijing Bluesky Aviation Technology.Pending approval by government and regulatory authorities, ACCEL will be incorporated in the city of Tianjin. A grand opening is planned by May 2014.