United Aircraft Corporation (UAC) president Mikhail Pogosyan announced (18-Jun-2013) the Russian aviation conglomerate’s order book has reached EUR25 billion, doubling over the space of six years. UAC’s order book has reached more than 740 aircraft, with about one third formed by civil aircraft orders. UAC revenue has doubled between 2007 and 2012 to EUR4.5 billion. UAE's revenue target for 2015 is more than EUR7.5 billion. UAC expects to manufacture 40 civil aircraft and 70 military aircraft in 2013. By 2015, it expects production rates to increase to more than 200 aircraft per year. Mr Pogosyan also announced that UAC will continue to consolidate and streamline the companies brought together under its umbrella brand, with forthcoming consolidation seeing Tupolev and KAPO merging. [more - original PR]
UAC order book reaches USD25bn, targeting EUR7.5bn in revenue by 2015
You may also be interested in the following articles...
Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.
S7 Airlines Part 2: history of growth in fleet, pax, revenue & profit shows benign market structure
Part 1 of CAPA's analysis of the S7 Airlines Group examined its network and competitive positioning, particularly with respect to the Russian market leader Aeroflot Group. Away from its Moscow Domodedovo hub, S7 has pockets of strength serving cities in Asia from regional Russian airports.
This second part of the report on S7 highlights its respectable track record of growth in its operations and profitability since the establishment of its subsidiary Globus in 2008. In 8M2016 its passenger growth rate accelerated to 25%, after a 6% increase in 2015. Although demand for international air travel to/from Russia has slumped due to geopolitical developments, S7 has benefited from growth in the domestic market and from capacity cuts by foreign competitors on international routes. It has also benefited from the 2015 collapse of Transaero (although Aeroflot has gained more from this).