Log in to use our free company, program and sector update tracker feature.

Front page

Vnesheconombank and United Aircraft Corporation sign a Credit Agreement

During the XII Petersburg International Economic Forum Vnesheconombank and JSC United Aircraft Corporation entered into a Credit Agreement worth 7.5 billion rubles for a period of 5 years to finance the project aimed at manufacturing An-148, Tu-204 and Il-96 civil aircraft.

The Agreement was signed by Vnesheconombank Chairman Vladimir Dmitriev and United Aircraft Corporation President and Chairman of Executive Board Alexey Fedorov. Under the Agreement Vnesheconombank is to act as a creditor of the program carried out by United Aircraft Corporation to significantly increase civil aircraft production.

Under the project, OJSC Voronezh Joint Stock Aircraft Building Company and CJSC Aviastar-SP aircraft manufacturing plants are to be modernized and reequipped and should start serial production of An-148, Tu-204 and Il-96 aircraft.

This Agreement is the first long-term credit agreement signed by United Aircraft Corporation to implement a large-scale investment project aimed at meeting the needs of the Russian market for a competitive aircraft fleet, closing the technological gap as well as increasing the level of scientific and technical developments and innovation activity by Russian companies.

Press release issued by United Aircraft Corporation (OAK) on June 11, 2008


 Contact details from our directory:
United Aircraft Corporation (OAK)
VASO Voronezh Aircraft Joint Stock Company Final Assembly, Empennages
Aviastar-SP Closed Joint Stock Company Empennages, Final Assembly, Fuselage Sections, Aircraft Interiors


 Related aircraft programs:
Tupolev Tu-204/214
Ilyushin IL-96
Antonov An-148


 Related directory sectors:
Manufacturing Services

Enhanced listings:

Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

General Plastics Manufacturing Co.
General Plastics has been supplying OEMs, Tier 1 and Tier 2 companies with flame-retardant foam core materials and custom flexible foam molded parts for aircraft flight decks and interior cabins for over 50 years.

United Performance Metals
A global distributor and processor of titanium products for over 40 years, and a leading supplier to the aerospace industry

USA Borescopes
USA Borescopes is a global supplier of world class visual inspection equipment. We are the one stop source for aviation professionals.

Samuel, Son & Co.
Looking for a quality metals supplier? Samuel can provide Aircraft Quality metals that meet Commercial and Military specifications

See our advertising tariff.


Monthly page limit exceeded. Please buy a subscription.

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2016. Terms & Conditions of reading.