Aircraft
UAC Starts China Leasing Group To Boost Superjet Sales
A Russian-Chinese joint venture leasing group aims to take on Superjet's Chinese rival, the ARJ-21, in its domestic market.
Officials from Russia's United Aircraft Corporation recently signed a framework agreement with Chinese partners to form a new leasing group for the Superjet 100 airliner in China. (Photo: Vladimir Karnozov)
Officials from Russia's United Aircraft Corporation recently signed a framework agreement with Chinese partners to form a new leasing group for the Superjet 100 airliner in China. (Photo: Vladimir Karnozov)

Russia’s United Aircraft Corporation (UAC) is working with Chinese partners to set up a new leasing company to boost sales of its Sukhoi Superjet 100 airliner in China. Senior officials from UAC, China’s New Century International Leasing and the Xixian New Area Administrative Committee in Shaanxi province signed a framework agreement for the new venture on May 8.

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