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Aircraft tire

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The aircraft tire manufacturing industry is small and dominated by four companies that control 85% of market share.[1]

Founded in 1980, Guilin Lanyu Aircraft Tire Development Co. is a Chinese manufacturer of aircraft tires based in Guilin and Singapore-based Giti Tire has a plant producing aircraft tires in Yinchuan, Ningxia.[2][3] The Triangle Group announced in 2012 a collaboration with the Harbin Institute of Technology for designing and manufacturing aircraft tires.[2] Yokohama Rubber had been manufacturing aircraft tires since 1940 but shut down its operations and made no more deliveries after 2009.[4] The company decided to close down the aircraft unit because its sales were low, having revenue of only 800 million JPY or about 8 million USD in the 2008-9 fiscal year, and it assessed the future outlook of the industry as lacking in strong growth.[4]

References

  1. ^ "Manufacturers work on perfecting aircraft tires". Rubber News. May 9, 2013.
  2. ^ a b "Triangle Group to add aircraft radials to range". Rubber News. May 17, 2012.
  3. ^ "Brief Introduction". Guilin Lanyu Aircraft Tire Development Co.
  4. ^ a b "Yokohama withdraws from aircraft tire business". Tire Technology International.