Russia has announced plans to significantly increase the production rate of its TU-214 narrowbody aircraft to 20 units per year by 2027–2028, marking a strategic push to bolster domestic aircraft manufacturing capacity. The decision aligns with Russia’s broader objective to reduce reliance on Western-built aircraft, particularly as ongoing sanctions and international restrictions limit access to parts, services, and…
Aeroflot Group, one of Russia’s leading airline groups, has announced ambitious plans to strengthen its fleet with the delivery of over 100 MC-21 aircraft by 2030. This significant commitment is part of a broader order for 339 Russian-built aircraft, which also includes 210 MC-21, 89 SJ-100, and 40 TU-214 aircraft.
Yakovlev, a prominent Russian aircraft manufacturer, reported a net profit of US$138.4 million for the year 2024, despite withholding key financial metrics such as revenue, cost of sales, and other supporting data. The announcement provides a limited but notable glimpse into the company’s financial status amid a sensitive geopolitical and industrial climate.
United Aircraft reported a significant reduction in its net loss to US$172.4 million for the year 2024, as annual revenues climbed 13.1% to US$6.5 billion. The improved results mark a step forward in the Russian manufacturer’s post-crisis financial recovery.
United Aircraft (Russia) has announced plans to issue more than 2 trillion shares, aiming to raise approximately $5.5 billion in capital. This move is intended to strengthen the company’s financial position and support ongoing aircraft development and production programs.
