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-05.13.24

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

Classic Aero-TV: Remembering Bob Hoover

From 2023 (YouTube Version): Legacy of a Titan Robert (Bob) Anderson Hoover was a fighter pilot, test pilot, flight instructor, and air show superstar. More so, Bob Hoover was an i>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

ANN's Daily Aero-Linx (05.15.24)

Aero Linx: B-52H Stratofortress The B-52H Stratofortress is a long-range, heavy bomber that can perform a variety of missions. The bomber is capable of flying at high subsonic spee>[...]

ANN's Daily Aero-Term (05.15.24):Altimeter Setting

Altimeter Setting The barometric pressure reading used to adjust a pressure altimeter for variations in existing atmospheric pressure or to the standard altimeter setting (29.92).>[...]

Aero-News: Quote of the Day (05.16.24)

"Knowing that we play an active part in bettering people's lives is extremely rewarding. My team and I are very thankful for the opportunity to be here and to help in any way we ca>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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