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Russia's planemakers flying high

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Russia's planemakers flying high


Business is booming for Russia’s planemakers.

It’s day three of the MAKS airshow in Moscow, when the gates are thrown open to the public.

The aviation industry has announced it has already signed contracts worth more than twelve billion euros.

While the crowds gape at the aerobatics going on above them, officials are all smiles at the windfall, which is up on last year’s 5.7 billion euros of trade, and has smashed 2009’s previous record of nearly 7.6 billion.

Among the headline deals announced are a breakthrough into a new market for the Mi17 helicopter – it’s been sold to Cameroon, meanwhile the MiG fighter jet company has won a contract for an aeroplane servicing centre in India.

But the biggest orders have come from within Russia itself, as the country to seeks to renew its ageing civil fleet of mainly Tupolev aircraft with more modern Sukhoi Superjets, and Ukrainian Antonov An 158s.

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