OREANDA-NEWS. November 25, 2010. Motor Sich, a major producer of aircraft engines in the CIS region, intends to contract the production of AI-225-25F engines for the Chinese L-15 planes late in 2010 or early in 2011, as a representative of Ivchenko-Progress (Ukraine), the designer of the engine, announced on Nov 24.

Millennium Capital considers the news as POSITIVE for MSICH. Although no details of the potential contract have been disclosed, Millennium Capital notes the significance of the Asian market, especially China, for MSICH competitiveness. Millennium Capital believes the contract may boost the company’s orders in 2011, increasing Motor Sich sales and its Asia’s share of exports. The former will significantly diversify Motor Sich risks.