Business news from Ukraine

ANTONOV STATE ENTERPRISE AND INTERIOR MINISTRY IN AUTUMN TO SIGN CONTRACT FOR PRODUCTION OF 13 NEW TRANSPORT AN-178S FOR EMERGENCY SERVICE, NATIONAL GUARD

Antonov State Enterprise (Kyiv), part of Ukroboronprom state concern, is expected by the end of the year to receive a firm order from the Interior Ministry for the production of 13 new transport An-178 aircraft with a lifting capacity of 18 tonnes for the State Emergencies Service and the National Guard of Ukraine.
According to the press service of the state concern, within a preliminary agreement of the parties announced by Interior Minister Arsen Avakov at the 53rd international aerospace show Le Bourget 2019 (France), the signing of a contract to build 13 new An-178s for the ministry agencies is scheduled for autumn.
According to President of Antonov State Enterprise Oleksandr Donets, in the near future the enterprise plans to complete the design and certification of new An-178 airplanes, which is expected to be equipped with Ukrainian, American and European equipment. The transfer of the first aircraft to the customer is preliminarily scheduled for 2021-2022.
Head of Ukroboronprom Pavlo Bukin noted the production of aircraft for the domestic customer is considered to be the key condition for the resumption of serial production of aircraft in Ukraine.

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ANTONOV AIRCRAFT MANUFACTURER TO SHOWCASE NEW PROJECTS AT AERO INDIA SHOW 2019 ON FEB 20-24

Kyiv-based Antonov State Enterprise, a leading Ukrainian designer and manufacturer of aircraft, will showcase its new projects at the 12th international Aero India Show 2019, which will be held in Bangalore, India, on February 20-24.
The An-132D lightweight multi-purpose aircraft will be shown at the static parking lot and in demonstration flights at the air show; it will become one of the new aircraft of the air show, the enterprise said on Facebook on Tuesday.
The new plant, which was developed on the basis of the An-32, a well-known transport plane in India, boasts a weight-lifting ability of 9.2 tonnes, and in future may be an effective replacement for the famous “Silver Horse” [An-32] in the Air Force of India. “Also, Antonov State Enterprise is ready to continue the program of cooperation with India for extending the resource of the existing An-32 fleet from 40 to 50 years,” the company said.
As part of India’s national programs to provide regional passenger airports and passenger transportation, Antonov will present the Regional Wings project, based on proposals for the use of An-148/158 passenger aircraft. They can work effectively in the climatic and landscape conditions of the region.
The new projects that will be presented at the air show also include a program for the creation of the An-188 military transport aircraft for short take-off and landing, the company said.
The presentation of the An-132D multi-purpose aircraft at Aero India Show 2019 is planned jointly with the Saudi partners in the project – King Abdulaziz City for Science and Technology (KACST) and TAQNIA Aeronautics Co. Currently, the partners are negotiating the development of the project and the conclusion of a contract for the finalization of the An-132D to the serial sample, Antonov told Interfax-Ukraine.
Antonov State Enterprise is the leading Ukrainian developer and manufacturer of aircraft, the world’s recognized leader in the niche of transport aircraft. By decision of the Ukrainian government, Antonov in 2015 became part of state-run Ukroboronprom Concern.
India is among the long-standing and promising partners of Ukraine, as the parties have been cooperating in the field of aircraft manufacturing and repair services for 20 years. In 2009, the parties concluded one of the largest contracts in the field of bilateral military-technical cooperation in the amount of about $400 million for the repair and retrofitting of 105 An-32 aircraft of the Indian Air Force.

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AIRCRAFT COMPANY ANTONOV INTENDS TO DELIVER TWO REGIONAL AN-158S TO UKRAINE’S FANAIR

Antonov state enterprise (Kyiv) intends to ensure the assembly and delivery of two regional An-158 jets for 97 passengers to the Ukrainian airline Fanair by the end of 2020. An Interfax-Ukraine correspondent said the relevant cooperation plans are enshrined in a memorandum of intent signed by the parties within the framework of the 11th international aerospace show Aviasvit XXI held in Kyiv on October 9-12.
The signing of the memorandum is the basis for signing a firm contract. According to the memorandum, the aircraft are to be delivered within six months after the activation of the contract under the scheme of financial leasing. The approximate delivery time of the aircraft is the end of 2020.
Antonov state enterprise is the leading Ukrainian developer and manufacturer of aircraft equipment, a recognized world leader in the niche of transport aircraft of the widest use. By decision of the government, the company has been part of Ukroboronprom state concern since 2015.

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ANTONOV, U.S. AVIALL PLAN TO COMPLETE OF DESIGNING OF COOPERATION SCHEME STEP BY STEP

Antonov State Enterprise (Kyiv), part of the Ukroboronprom State Concern, and division of U.S. Boeing – Aviall Services, Inc., which reached an agreement on partnership under the program to manufacture modernized Ukrainian next generation regional jets An-148/158/178 at Farnborough 2018 in London in July, plan to complete the designing of a cooperation scheme step by step during the implementation of the general agreement on cooperation.
Commenting at the request of Interfax-Ukraine on the plans Antonov State Enterprise announced in Western media to resume mass production of the planes with the assistance of Boeing already by the end of 2019, the company’s press service said: “The general agreement signed at Farnborough 2018 with Aviall does not have the terms of the start of the mass production of the aircraft with participation of the U.S. company, since the U.S. company is not involved directly in the production process.”
“The signed agreement is the basic one, and fixes agreements on the organization of work with Aviall Services, Inc., which will ensure the procurement and supply of the Antonov state enterprise with a wide range of components for the mass production of new aircraft,” the press service said.
“The document also includes the plans of the parties for the creation of a licensed warehouse by the Antonov state enterprise in its territory, where Aviall will supply the components. The products supplied by the U.S. company will be paid by Antonov State Enterprise as far as the chain of purchases for filling the warehouse is secured. As the media mistakenly interpreted, there is also no provision in the signed general agreement that Boeing participates in the creation of the warehouse,” the press service said.
The press service of Antonov State Enterprise reported that the creation of a scheme for prospective cooperation with Aviall Services Inc. was not completed at this stage: “Details of this process will be specified at each stage of cooperation,” the official representative of the enterprise said.
“Details of the prospective partnership between Antonov State Enterprise and the Boeing division under the program, which has the conventional name An-1X8 NEXT in the signed general agreement, can be announced after the signing of the contracts for the supply of components and the transition to the practical phase of cooperation under the project,” the press service said.

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ANTONOV STATE ENTERPRISE TO EXHIBIT NEW MEDIUM-HAUL AIRCRAFTS AT EURASIA 2018 AIRSHOW IN TURKEY

The Antonov State Enterprise (Kyiv) will exhibit new medium-haul transport An-77 and An-178 aircraft at the Eurasia 2018 Airshow to be held on April 25 through April 29 in Antalya (Turkey). The press service of the enterprise told Interfax-Ukraine on Tuesday that the new Ukrainian transport aircraft arrived to Turkey on April 22 will take part in the flight show of the exhibition and will be presented to potential customers at a stand.
The press service said that Antonov plans to hold a series of meetings and negotiations with representatives of government agencies, industrial enterprises and air carriers of Turkey and other countries to discuss areas of cooperation in the medium-haul transport programs for An-178, the family of regional passenger new generation An-148/ n-158, An-77 transport aircraft with short take-off and landing and unmanned aerial systems. “All these programs are planned to develop and implement within broad international cooperation,” the enterprise said.
The new An-178 aircraft is created to replace An-12 planes and is designed for the effective fulfillment of its tasks as a transport aircraft, including logistics and transportation of equipment. Some experts say the An-178 aircraft can serve as a modern replacement of the C-160. The aircraft has a modified form of fuselage, a ramp for loading and unloading of bulky cargo and can lift up to 18 tons of cargo, including heavy maritime containers. The industrial cooperation program for the An-178 involves about 200 companies from fifteen countries. The Antonov Enterprise is promoting the aircraft in the Middle East and Central Asia. The United Arab Emirates, China and Azerbaijan expressed interest in the new Ukrainian transport aircraft.
According to the sources of Interfax-Ukraine in the industry, currently the Antonov State Enterprise is also negotiating with the European NATO countries on the joint development of the An-178 program. The new medium-haul military transport An-77 aircraft is a modification of the military transport An-70 aircraft with short take-off and landing with a maximum carrying capacity of 47 tonnes.

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ANTONOV STATE ENTERPRISE HAS 85% RISE IN NET PROFIT IN 2017

Antonov State Enterprise (Kyiv) saw a 85.43% rise in net profit in 2017 under Ukrainian accounting standards, to UAH 330.22 million.
According to a financial report for 2017 posted on the company’s website, net revenue grew by 66.4%, to UAH 6.052 billion.
Antonov is the leading Ukrainian developer and manufacturer of aircraft, a recognized world leader in the niche of transport aircraft. The enterprise cooperates with more than 75 countries. By the decision of the government, the enterprise has been part of the Ukroboronprom State Concern since April 2015.
According to the enterprise, in 2016, its net profit under Ukrainian accounting standards grew 4.1-fold, to UAH 178.1 million and net revenue fell by 0.16%, to UAH 3.64 billion.