Aircraft manufacturers Antonov, UAC to form joint venture

Article Posted on : - Jun 17, 2010

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.

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