Aircraft
Antonov An-148 Prospects Boosted by Russian Military Order
Russia's $550 million order for 15 Antonov An-148s will provide some sorely needed income for aircraft builder VASO to invest in more cost-effective production processes at its Voronezh factory. The facility delivered only five An-148s last year and lost more than $36 million
Russia's $550 million order for 15 Antonov An-148s will provide some sorely needed income for aircraft builder VASO to invest in more cost-effective production processes at its Voronezh factory. The facility delivered only five An-148s last year and lost more than $36 million

The Russian ministry of defense (MoD) has awarded United Aircraft (UAC) a firm order for 15 Antonov An-148 twinjets, according to UAC president Mikhail Pogosian, speaking at the Paris Air Show. The contract is worth Rouble 18 billion ($550 million). The delivery schedule calls for one aircraft this year, eight in 2014-2015 and six in 2016-2017. The Russian government has previously expressed a need for 130 jetliners for various government agencies. This requirement includes 59 An-148s, according to minister for industry and trade Denis Manturov.