Economy of Russia

September 19, 2014 - 11:58am

The latest round of economic sanctions imposed against Russia by the U.S. and European Union (EU) did not directly target the civil aerospace and air transport sectors, but they may yet inflict collateral damage on these industries. The U.S. sanctions, announced on September 12, included the Rostec defense group, which has ambitions in the civil sector, such as its planned joint venture with Canada’s Bombardier to build Q400 regional airliners in Russia.

August 4, 2014 - 4:13pm

Aeroflot’s new low-cost subsidiary Dobrolet became the first casualty of the new European Union (EU) sanctions against Russia when it was forced to suspend all operations on August 4. The Moscow-based carrier announced that it had had to stop all flights following the cancellation of insurance cover, access to aeronautical information, and maintenance and leasing arrangements.

July 14, 2014 - 7:40am

A single Superjet 100 “product chalet,” occupied by officials from both Venice-based Superjet International (SJI) and Russia’s Sukhoi Civil Aircraft (SCAC) here in Farnborough, reflects a conscious effort by the two companies to more effectively integrate their operations. The joint presence here marks something of a milestone in the evolution of the two companies’ relationship, Superjet International CEO Nazario Cauceglia told AIN during an interview just before the start of the show.

June 30, 2014 - 11:00am

Aeroflot accepted its tenth Sukhoi Superjet SSJ100 on June 26 in the so-called Full version, Sukhoi Civil Aircraft (SCAC) announced on Monday, thereby completing the transition of the fleet from 10 SSJ100 Lights, all of which the Russian flag carrier has returned.

June 10, 2014 - 11:02am

Aeroflot low-fare subsidiary Dobrolet completed its first commercial flight from Moscow to Simferopol in Crimea, the Russian flag carrier announced Tuesday. Russian Prime Minister Dmitry Medvedev, senior executives from Russia’s transport industry and Aeroflot’s top management attended a ceremony at Sheremetyevo International Airport to mark the maiden flight.

February 12, 2014 - 11:35pm

Representatives of Russia’s Ministry of Industry and Trade met with executives of the Irkut Corporation at the Irkutsk Aviation Plant (IAP) on February 5 to talk over “issues” concerning the preparations for serial production of the new MC-21 airliner. Deputy minister of industry and trade Yuri Slyusar, director of the aviation industry department of the Ministry of Industry and Trade Andrey Boginsky, Irkut president Oleg Demchenko and Irkutsk Aviation Plant general director Alexander Veprev attended the meeting.

December 3, 2013 - 2:32am

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.

November 19, 2013 - 3:20am

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.”

September 10, 2013 - 1:00pm

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.

September 3, 2013 - 3:25pm

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.

 
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