Ilyushin Finance is entering the business aviation market with plans to have some of the airliners it has on order for its lease portfolio outfitted with VIP interiors. For the most part, the aircraft to be offered for lease for private and corporate clients will be Russian-made airliners, such as the Tupolev Tu-204 and Antonov An-158, but the company also has orders for new aircraft such as Sukhoi’s Superjet SSJ-100 and Irkut’s MC-21.
Economy of Russia
Russia’s Sberbank, Sukhoi Civil Aircraft and Abu Dhabi Investment Company (Invest AD) yesterday signed a trilateral letter of intent to cooperate in the Middle East in marketing and promotion of the Sukhoi Superjet SSJ100.
“In light of the recently adopted Sberbank development strategy for 2014-2018, we aim at becoming a global partner for our clients,” said Alexander Dementiev, Sberbank global head of financial institutions. “We are ready to support [Sukhoi Civil Aircraft] interests at any spot in the world.”
The eighth annual edition of Russia’s JetExpo business aviation show is due to open on Thursday morning at Moscow’s Vnukovo-3 Airport. The three-day event (September 12-14) will feature nearly 50 exhibiting companies and approximately 40 aircraft on static display.
Russian Helicopters’ Ansat light twin helicopter was certified late last week by Russia’s Aviation Register of the Interstate Aviation Committee, albeit with conventional flight controls in lieu of the original fly-by-wire (FBW) system.
Russian civil aerospace executives might remember last week’s Moscow Air Show (MAKS ’13) at Zhukovsky Air Field outside the Russian capital as the start of their industry’s ascent toward global relevance.
Sberbank, Russia’s largest bank, took what executives describe as an historic first step into aircraft leasing last week as it ordered 12 Boeing 737-800s. Expected to spur further financing and leasing of imported aircraft in Russia, the transaction calls for the bank’s Sberbank Leasing subsidiary to place the airplanes with Moscow-based Transaero Airlines.
Citing design issues, on February 11 Russia’s Rosaviatsia aviation authority ordered Aeroflot to ground four of its 10 Superjet 100 airliners. Manufacturer Sukhoi Civil Aircraft Co. said the issues related to a service bulletin about aircraft slats and landing gear. On February 15, Sukhoi announced that all four aircraft had been cleared to resume operations.
Despite realignment, increased government investment and the appearance of political resolve, the Russian airliner industry has achieved little success in expanding its civil production over the past four years. Although it has nearly doubled its delivery total, from 11 jetliners in 2009, to 10 in 2010, 18 in 2011 and 19 in 2012, the industry’s hopes to launch a challenge to the Western world’s manufacturing powers remain unfulfilled and distant.
Indonesian aviation authorities have found that human factors and a series of small technical problems involving air traffic control led to the crash of Sukhoi Superjet 100 S/N 95004 on May 9 near Jakarta, killing 45 people. Investigators concluded that the cockpit crew of the ill-fated demonstration flight, unaware of the mountainous area surrounding their flight path, disregarded an alert from the airplane’s terrain awareness and warning system (Taws).
A little more than a month after suffering a fatal accident involving a demonstration airplane, the Sukhoi Superjet program staged a fairly quick rebound with the sale of six SSJ100-95s to Russia’s second largest airline, Transaero. Announced in late June, the deal includes options on another 10 airplanes, raising the potential value to $566.4 million based on list prices.
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