Irkut + Yakolev = $3.5 Billion Profits? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Mon, Sep 15, 2003

Irkut + Yakolev = $3.5 Billion Profits?

Could Be Boost To Sagging Russian Civil Aviation Designs

Two of the better-known names in Russian aviation have decided to get together to create new civil aviation aircraft in a venture they hope will bring the combined effort $3.5 billion in annual profits. It's the latest attempt by Russia's anemic civil aviation industry to consolidate, innovate and create new sources of revenue.

Pravda reports Irkut and the Yakolev Design Bureau are putting their corporate heads together and already, Irkut President Aleksey Fyodorov says, "We have conducted over 20 negotiations with spokespeople for both Russian and foreign companies. A lot of those talks can become very good contracts. Our partners evince great interest in the civil aviation, especially in the Be-200 airplane and in the Ya-130 unmanned aircraft, which is our new product."

The partnership allows Irkut to control the entire process of aviation manufacturing from design to fabrication to assembly. Pravda reports the partnership also allows Yakolev to spread its wings, with assured funding for its design projects at all phases of powered flight.

FMI: http://eng.irkut.ru

Advertisement

More News

Airborne 05.20.24: Van's BK Exit, Bud Anderson, Air Race Classic

Also: ALPA Warns, Aviation Meteorology Reference, Jennifer Homendy Re-Ups, CAF Tampa Bay The court has approved Van's Aircraft's bankruptcy reorganization plans, settling a stressf>[...]

Airborne 05.20.24: Van's BK Exit, Bud Anderson, Air Race Classic

Also: ALPA Warns, Aviation Meteorology Reference, Jennifer Homendy Re-Ups, CAF Tampa Bay The court has approved Van's Aircraft's bankruptcy reorganization plans, settling a stressf>[...]

ANN's Daily Aero-Term (05.18.24): Flameout Pattern

Flameout Pattern An approach normally conducted by a single-engine military aircraft experiencing loss or anticipating loss of engine power or control. The standard overhead approa>[...]

ANN's Daily Aero-Linx (05.18.24)

Aero Linx: VC-25 - Air Force One The mission of the VC-25 aircraft — Air Force One — is to provide air transport for the president of the United States. The presidentia>[...]

ANN FAQ: How Do I Become A News Spy?

We're Everywhere... Thanks To You! Even with the vast resources and incredibly far-reaching scope of the Aero-News Network, every now and then a story that should be reported on sl>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC