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September 2005 edition

Russia to create single state aircraft manufacturer

The Russian government has announced plans to create a single aircraft maker to consolidate the aviation industry into a single company within a year.

The new company, called the Unified Aircraft Corporation, will unite aircraft companies Sukhoi, Ilyushin, MiG and Tupolev. The new structure will have four business units: combat, civil and transport aviation and aircraft components.

It will be run by a management company headed by Valery Bezverkhny, acting chief executive of Irkut.

According to an article in the Moscow Times, Khristenkho said the government had yet to identify the value of each company, but with the bulk of the assets coming from the state, it will control the company.

Once the presidential decree is signed, it is expected to take up to 18 months for the company to develop....

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Ilyushin Aviation Complex Airframer
Sukhoi Civil Aircraft CJSC Airframer
Tupolev Public Stock Company Airframer
MiG Russian Aircraft Corporation Airframer

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