The Mil Mi-26T2 upgrade made its debut at the Moscow Air Show (MAKS 2011), demonstrating its higher power-weight ratio and better handing characteristics in the flight display.
Mil Moscow Helicopter Plant
A partial flotation of state-owned Russian Helicopters on the London and Moscow stock markets was postponed last week after potential investors failed to subscribe. The joint stock company’s major shareholder, Oboronprom, was offering new and existing shares exceeding $500 million, implying a total value for the company of between $1.8 billion and $2.4 billion. This was the first such offer of a company in Russia’s defense industry.
Russia “hearts” helicopters. That was the message from the Moscow-based Helicopter Industry Association of Russia (HIAR) at its press conference at Heli-Expo 2011 yesterday.
Four of Russia’s leading helicopter operators: UTair, Vertical-T, Pahn Helicopters and Aviashelf provided proof with a snapshot of their operations, opportunities and challenges.
Russian Helicopters last month announced it has consolidated “control stock of all of Russia’s rotorcraft-building enterprises,” as it has increased its stake in Rostvertol from 23 percent to 75 percent.
The annual Russian Hour at Heli-Expo yesterday played to a full house. It is the third year that Russian exhibitors at the show have joined to offer a presentation profiling their nation’s helicopter industry and market activity, and there was plenty
to talk about.
The merger of Russia’s two leading helicopter makers is inevitable, according to Sergey Mikheyev, constructor general of Kamov, one of the two companies involved. “I believe that the merger of design bureaus, mass production plants and adjacent enterprises in a single helicopter-building association is inevitable and will happen sooner or later,” Mikheyev told reporters in Moscow on August 12.
“I cannot forecast to you the action of Russia. It is a riddle wrapped in a mystery inside an enigma, but perhaps there is a key. That key is Russian national interest.”–Sir Winston Churchill, radio speech, 1939.
Russia’s helicopter business received a boost with an announcement by the country’s vice premier, Sergey Ivanov, that production rates for both civil and military models should be increased. Next January, the government is due to issue draft plans that will call for almost $6.4 billion of fresh investment in the industry through 2015, with half of the sum to come from the private sector.
Russia’s aircraft engine manufacturers are trying to make up ground lost to Western rivals through a comprehensive process of consolidation and restructuring. The success of this change will have an impact not just on the companies themselves, but also on the ambitious new aircraft programs being prepared under the auspices of the new United Aircraft Manufacturing Corp. (OAK) for which new-generation engines are required.
Having found some success with military orders for the Mi-28N and Mi-8/17, Moscow-based Mil is seeking to expand its offerings and attract some interest from the business aviation market.