The leasing company “Ilyushin Finance Co”. (IFC) has reduced the number of ordered Bombardier CS300 from 32 to 20 aircrafts. The delivery is expected in late 2018. The parties explain this adjustments differently. According to Bombardier’s opinion Russian customers consider new market’s demands, but IFC refers to the Canadian export agency, which hasn’t provided cheap…Details
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The Russian Direct Investment Fund (RDIF) plans to sign a memorandum on cooperation in the agriculture sector with a Turkish company, CEO Kirill Dmitriev said. “We’re in talks with a company that is willing to jointly invest in Russia’s agricultural sector, and we’re also planning to sign a memorandum”, he said, adding that the two…Details
Russia’s Aerospace Force will soon receive new-generation air bombs equipped with proximity fuzes, CEO of Tecmash engineering group Sergei Rusakov said. The tests of the fuze that has been developed by Tecmash’s Electronic Instruments R&D Institute in Novosibirsk have passed successfully, he said. “Now the institute is preparing to launch the product into serial production.…Details
As of August 8, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 17.7 million ha (15.6 million ha on the same date in 2015), or 37.4% of the planned areas (47.3 million ha). The produced volumes reached 62.5 million tons of grains, with the average yield of 3.54…Details
VIM Airlines is set to add a maiden A330-200 to its fleet. Formerly in service with EVA Air it was ferried from Lourdes/Tarbes to Dublin Int’l earlier this month for painting and maintenance ahead of its delivery to Russia. The aircraft is owned and managed by SMBC Aviation Capital. VIM Airlines operational fleet currently entails…Details
Russia’s Imperial Porcelain Factory (IPF) will open an outlet in Bahrain this October to reach the Middle East market, Chief Executive Officer of the company Tatiana Tylevich said. “We will sign a contract in September and our products will appear there in October. It will be an outlet in a department store in Manama”, Tylevich…Details
Russian Helicopters Group is planning to sign a contract with India before the yearend to overhaul three Mil Mi-26 (NATO reporting name: Halo) heavy military transport rotorcraft, Group Deputy CEO for After-Sale Maintenance Igor Chechikov said. “India is a key strategic partner for Russian Helicopters Group and a major operator of Russian-made rotorcraft”, he added.…Details