UAC President Charts Course for Next Ten Years | Aviation International News

UAC President Charts Course for Next Ten Years

Reveals plans to build 150 civil airplanes annually by 2025

UAC president Yuri Slyusar briefs reporters at the Ilyushin design house in Moscow. (Photo: Vladimir Karnozov)

By Vladimir Karnozov

April 20, 2015

Russia’s United Aircraft Corporation (UAC) has set a goal to double its annual income and increase civil aircraft deliveries from 37 in 2014 to some 150 within 10 years, according to company president Yuri Slyusar. Speaking at the April 16-17 Second Council of Russia’s Aircraft Manufacturers in the Volgan city of Ulianovsk, Slyusar promised a new direction for the company after the heavy burden of hired capital for renovation of factories led to a net loss last year.

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