Wanfeng Aviation Canada, a subsidiary of China's Wanfeng Auto Holding, has bought a 60% stake in Diamond Aircraft Industries Canada. The deal will inject much-needed investment into the London, Ontario-based concern, allowing it to pursue new product development and evaluate a revival of its D-JET personal jet programme. Under the deal, Wanfeng has secured the rights to the DA62 six-seat piston-twin and DA40 four-seat piston single programmes from Diamond's independently owned Austrian sibling Diamond Aircraft Industries. Production of the models will be transferred to Ontario in 2017. Diamond Austria, based in Wiener Neustadt, near Vienna, will continue to produce the twin-engined DA42 and the Aus-tro diesel engine family.
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