OREANDA-NEWS. December 14, 2009. According to the agreement, which was signed with Iraq, Ukraine has to ship 10 AN-32 model aircraft in the next 3-3.5 years. This agreement includes also maintenance service of this technique. This week, Russia is going to release the first tranche of the total worth of RUB 150mn (USD 4.97mn) as a financial support for the AN-70 building program for the Antonov Plant. We want to remind you that the protocol on a resumption of partnership between Russia and Ukraine in developing and manufacturing this type of aircraft was signed in August 2009. The news about Aviant Plant in Kyiv having completed its first serial AN-148 model aircraft assembly is an additional positive in this situation. The total amount in its order book is for the manufacture of ten AN-148 model aircraft.
Millennium Capital: this news is positive for MotorSich, since it is the only producer of engines for these types of aircraft. Having everything in place for the serial production of that model of aircraft and expanding the geography of their deliveries will undoubtedly prove positive for the Company in the future.
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