AIDC to Go Listed in Sep, Good News to Taiwanese Aerospace Fastener Manufacturers

Taiwan Stock Exchange (TWSE) has agreed the application of the Taiwan-based Aerospace Industrial Development Corporation (AIDC) to go publicly traded this September, which will generate the effect of price comparison within the aerospace industry.

One consultant said that the demand for aircrafts in emerging Asian markets prolongs the orders made out to Boeing and Airbus by 6-7 years and the oil prices continue to be high, so the development of lightweight aircrafts will take the lead in the market with high strength carbon fiber materials being greatly introduced in making frames. The activities of aerospace fastener suppliers like NAFCO or San Shing Fastech are also likely to be influenced when AIDC goes publicly traded in Sep.