Aeroflot to Order 323 Russian-made Aircraft

Russia’s flag carrier Aeroflot is going to place an order for 323 new domestically manufactured aircraft.
The plan was announced in a meeting between the CEO of Aeroflot Sergey Alexandrovsky and Vladimir Putin, the president of Russia.
The order is set to include 73 Sukhoi Superjets, 210 Irkut MC-21s and 40 Tupolev Tu-214s. According to Alexandrovsky, this is the largest aircraft order in Russia “in a long time.” He also noted that the order is part of the company’s “main priority”: the transition from foreign-made aircraft to domestically manufactured ones.
Rumors that such an order might be placed have been swirling for a while, with Russian press reporting that Aeroflot was mulling buying 300 new aircraft in June 2022.
Aeroflot reportedly plans to order 300 new domestically-made aircraft and to raise its capital by around $3 billion.
The follows previous announcements by Russian officials about United Aircraft Corporation (UAC), which owns the majority of Russia’s aerospace manufacturers, significantly expanding its production.
According to UAC’s parent company, Rostec, Russia plans to manufacture over 110 commercial aircraft by 2025 and over 500 by 2030. The numbers, if reached, would mark a significant rise in the country’s aircraft production in comparison with previous years.
Part of such an expansion is expected to be driven by the restart and ramp up of the production of older Soviet-era models, such as the Tu-214 and the Ilyushin Il-96.
Under this background, the Aircraft Value Management International Forum 2022

will be held on November 1st to 2nd in Shanghai, China. The forum will mainly focus on new aircraft value assessment, disposal of old aircraft, aircraft leasing and operation, aims to introduce advance ideas and methods, share successful experiences, combine with that situation of the aviation division itself, to open up more efficient and more active aircraft management.

Register your interest or get in touch with marketing@galleon.cc for more details.