Aircraft manufacturers Antonov, UAC to form joint venture
Russia’s United Aircraft Corporation and Ukrain’s aircraft manufacturer Antonov have agreed to form a JV for the joint production of ‘An’ family of aircraft.
MOSCOW (BNS): Russia's United Aircraft Corporation (UAC) will join hands with Ukrainian aircraft manufacturer Antonov for the joint manufacturing, sales and post-sales services of the ‘An’ family of aircraft.
The two companies have agreed to form a joint venture, Russia’s Itar-Tass news agency reported.
The new company would be called UAC-Antonov.
The decision in this regard was taken after a meeting between Russian Prime Minister Vladimir Putin and his Ukrainian counterpart Nikolai Azarov, the report said.