Russia and China have signed an agreement today to set up a leasing company to support sales of Sukhoi Superjet 100 aircraft for an approximate US$ 3 billion in China and South-East Asia for the next three years, UAC Russia said in a release.
The framework agreement was supported by the Russia-China Intergovernmental Commission. The parties to the agreement were the Russia-China Investment Fund (RCIF), Sukhoi Civil Aircraft Company (part of United Aircraft Corporation), Xixian New Area Administrative Committee and New Century International Leasing from China.
The agreement is twice the total number of jets that have already been delivered to the customers.
The new leasing company will be headquartered in the Sino-Russia High-Tech Innovation Park (SHIP) in Xixian, Shaanxi, one of centers of PRC’s aviation industry. The municipal administration will also assist by providing land plots to create the infrastructure required to accommodate and maintain the SSJ100 jets.
Sukhoi Superjet 100 is a modern fly-by-wire twin-engine regional jet with 8 VIP to 108 passenger seats.
Indonesia has been eyeing low cost Sukhoi SU-35 fighters to replace its F-5 Tigers. United Aircraft Corporation (UAC) head Yuri Slyusar told Interfax in Ho Chi Minh City on Tuesday, "Indonesian colleagues are interested in buying this plane
Indias Defense Research and Development Organization (DRDO) has started work on air-launched version of the Nirbhay subsonic cruise missile to arm Su-30MKI fighter and will launch it from an aircraft in a couple of months, Tass reported Thursday. According to reports, DRDO is now working on integrating it with the fighter jets systems and developing the capability of launching from low altitudes, in order to minimize its visibility to radar
The first overhauled Sukhoi-30 aircraft will be delivered to the Indian Air Force by the Hindustan Aeronautics Ltd (HAL), Nashik division, today. This will be the first time ever that a used Sukhoi will be returned to the field
India may order more Su-30MKI fighters as the squadron strength of the Indian Air Force (IAF) has dipped to 25 and negotiations with Dassault over Rafale fighter sale tether on the brink of collapse. For the first time since negotiations with Dassault began three years ago, Indian MoD officials have been quoted by various local media that there is the real possibility of the talks collapsing
Russian President Vladimir Putins visit to New Delhi, starting tomorrow, will be particularly challenging as he tries to regain lost ground among Indias defence supplier community. Russia was bumped to second place by the US as Indias largest weapons supplier earlier this year after losing a number of helicopter and transport aircraft contracts
Russian Ministry of Far Eastern Development has proposed delivering Sukhoi Superjet 100 (SSJ100) passenger aircraft to Angola. "The main issue discussed during the meeting was the prospect of deliveries of Sukhoi Superjet 100 civil aircraft to Angola… At the moment, Angola's national airline — TAAG Angola Airline — uses Boeing 737-700, 777-200 and 777-300
Russian JSC Sukhoi Civil Aircraft (SCAC) held a roll-out ceremony of two Sukhoi Business Jet (SBJ) aircraft built for Royal Thai Air Force (RTAF). The aircraft will be providing VIP transportation services for Thai top officials and government leaders as well as to the High Command of Thailand
Russian Western Military District will have 10 multi-purpose Sukhoi Su-35 and Su-35M fighter jets by the end of this year. "In total, more than 10 Su-35 and Su-30SM multipurpose fighters will go into service in the Western Military District units before the end of 2015 within the framework of the State Defence Order," district spokesman Oleg Kochetkov was quoted as saying by Tass on Monday
China will seek to improve rules of behavior for safety of air and maritime encounters with the United States Armed Forces so as to strengthen mutual trust, prevent risks and manage crises. A white paper of the Peoples Liberation Army released this morning says it will seek a confidence-building measure (CBM) mechanism through the notification of major military activities to the US Navy and other forces
A Chinese military white paper has identified the ocean, the outer space, cyberspace and nuclear force as the four "critical security domains" the Peoples Liberation Army (PLA) will focus on in the future. Released in Beijing this morning, the paper provides an insight into the People Liberation Army (PLA) thrust areas in line with its strategic objectives of dominating the South China Sea
The Royal Armed Force will receive a £2 billion fleet of jets to counter the Russian nuclear submarines, which are regularly patrolling the coast of Britain. They are likely to include the US developed Boeing Poseidon P8, designed for 'long-range anti-submarine warfare' and worth about £150million each
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