Last year commercial airline Volga-Dnepr had revenues of $1.741 billion and generated a net profit of $59.3 million. At the same time, its debts rose to $186 million and, by the company’s estimates, are expected to increase by a further $250- to $300 million during 2012 as Volga-Dnepr borrows more capital money for its Boeing 747-8F acquisitions.
United Aircraft Corporation
Geopolitical shifts including regime-change in Libya, the stiffening of international sanctions against Iran and violent unrest in Syria, are among the trends compelling Russian military export agency Rosoboronexport to keep looking for new clients worldwide. This is, to a large degree, one of its primary motives for exhibiting at the Farnborough International Airshow.
Irkut’s business plan for its MC-21 narrowbody jetliner calls for a total of 1,200 aircraft to be produced, including 257 delivered by 2022, of which 30 percent would be for the Russian domestic market. As of May, Irkut had garnered orders and commitments for 190 airplanes.
Irkut is pursuing its ambition of capturing a 10-percent share in the world market for narrowbody airliners by funding its new MC-21 twinjet largely from funds earned from fighter sales. The Russian airframer now claims a 15-percent share of Russia’s overall military exports by value.
India’s Hindustan Aeronautics (HAL) has signed a contract with Russia’s United Aircraft Corp Transport Aircraft (UAC-TA) to co-develop the 15- to 20-metric-ton-payload multirole transport aircraft (MTA). The pair formed a joint venture, Multirole Transport Aircraft Ltd, in 2010, following an inter-governmental agreement three years earlier.
Search crews Wednesday evening found the flight data recorder from the Sukhoi Superjet 100-95 that crashed on May 9 into a cliff near Indonesia’s Mount Salak, some 60 miles south of Jakarta. All forty-five occupants died in the crash. An Indonesian recovery team found the FDR from SSJ100 S/N 95004 about a kilometer (0.62 miles) from the site of the collision.
Russian Air Force commander Gen. Alexander Zelin has elaborated further about aircraft acquisition plans under the country’s Weapons Program 2011-2020. His comments addressed the Sukhoi series of combat aircraft, as well as airborne early warning (AEW) aircraft, airlifters and the Yak-130 jet trainer. Zelin said that the air force will acquire about 60 Sukhoi PAKFA (T-50) fifth-generation fighters by 2020.
A “Program for Development of the Aircraft Industry by 2025,” drafted by Russia’s Ministry for Industry and Trade, calls for investment of 1.7 trillion roubles ($56 billion) in various national aviation projects.
Russian defense marketing agency Rosoboronexport believes Southeast Asia is a prime market for the Yakovlev Yak-130 two-seat advanced jet trainer/light attack aircraft. Malaysia and the Philippines, in particular, have shown interest in the trainer, according to Rosboronexport deputy general director Viktor Komardin.
Sukhoi Civil Aircraft (SCAC) plans to develop a stretched version of the recently certified Superjet 100 designed to seat 130 passengers. The airplane is dubbed the Superjet 130NG, and Sukhoi estimates its development costs will total $1 billion.