UAC will supply Aeroflot with more than 300 aircraft, the amount of transaction will exceed 1 trillion rubles

“Aeroflot and the United Aircraft Corporation (UAC, part of Rostec) signed an agreement on the delivery of 339 Russian-made aircraft at the Eastern Economic Forum (EEF). The planes will be supplied in 2023-2030 and the first firm contracts will be concluded in 2022. According to the head of the Ministry of Industry and Trade and Deputy Prime Minister Denis Manturov, the value of the agreement will exceed RUB 1 trillion.

UAC will provide Aeroflot with 210 MS-21s, 89 Superjet-New planes and 40 Tu-214s on lease terms, Aeroflot’s press service said. Deliveries are scheduled for 2023-2030.

Under the agreement, Aeroflot is to receive two Superjet-New in 2023, six MS-21s and seven Tu-214s in 2024.

The first firm contracts for aircraft deliveries in 2023-2025 should be signed by the end of 2022.

“Today we have signed the largest agreement to purchase domestic aircraft in Aeroflot’s recent history. This is an important step that sets the impetus and affects the future prospects for the development of Russian civil aviation,” the press service quotes Aeroflot CEO Sergei Aleksandrovsky as saying.

Later, during a speech at the WEF, the head of the Ministry of Industry and Trade and Deputy Prime Minister Denis Manturov said that the total value of the agreement will exceed 1 trillion rubles.

“The contract will become the main one for funding from the NWF: the state will subsidize the purchase of import-substituted versions of aircraft, fixing the delivery price for airlines so that our carriers do not experience additional financial burden,” he said (quoted by Interfax).

Vedomosti reported in June, citing sources, that Aeroflot was going to order 300 Russian-made aircraft from UAC. Yuri Slyusar, head of UAC, said in August that the companies had agreed on a delivery program for four types of planes, including the Superjet, MS-21, Tu-214 and IL-114. He also said that Russian passenger aircraft SSJ New and MC-21 should enter serial production in 2024.

In Russia they started to discuss the transition to locally produced aircraft after the EU and the US banned the supply of aircraft and spare parts for them in response to the military operation in Ukraine.

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Written by Medvedev


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