MAKS Airshow round-up: UAC gathered almost 200 orders and Bombardier signs with Rostec and lessors
It may not attract the same sort of attention as Le Bourget or Farnborough, but the MAKS International Aerospace Salon is the venue where Russia's airlines, leasing companies and aircraft manufacturers hammer out the final details of major orders. The bi-annual event, which wrapped up at the end of Aug-2013, saw more than USD21 billion in orders and commitments made, a record for the show and a qualified success for the Russian aerospace industry.
Russia's state-owned United Aircraft Corporation (UAC) and its subsidiaries recorded orders and commitment for more than USD12 billion. Agreements signed by UAC at MAKS 2013 covered orders for 178 aircraft, comprising 96 Sukhoi Superjet 100s and 82 Irkut MS-21 aircraft. Including other agreements signed at the airshow - mostly military - the orders boosted the value of the company's backlog by 30%. Including letters of intent and provisional purchase agreements, UAC's total order portfolio is now close to RUB1.5 trillion (USD44.8 billion).
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