Airbus withdraws investments from Chinese company that sells fighter aircraft to Myanmar military

European aviation giant Airbus has withdrawn its shareholdings in a Chinese military-owned company that supplies fighter aircraft and weapons to the Myanmar junta, according to reports.

Airbus held a 5.03 percent share—worth US$140 million as of June 30, 2024—as the sole international investor in AviChina Industry & Technology (AviChina), a subsidiary of the Hong Kong-registered Aviation Industry Corporation of China (AVIC).