MiG sees order book swelling past $4 billion | Aviation International News

MiG sees order book swelling past $4 billion

The order book of Russian Aircraft Corp.

By Nikolai Novichkov

November 6, 2007

The order book of Russian Aircraft Corp. (RSK) MiG will exceed $4 billion by year-end, according to Sergey Tsivilev, the company’s acting director general and designer general. Tsivilev was appointed acting head of RSK-MiG at the end of September after Aleksey Fedorov stepped down from the position to focus on his larger role as president of the United Aircraft Corporation (UAC).

This is a remarkable growth, considering that just 12 months ago the MiG orders backlog amounted to a little over $2.6 billion, representing a sales increase of more than 50 percent. In an interview with AIN prior to this week’s Dubai Air Show, Tsivilev predicted further increases in new business in both domestic and export markets.

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