Press Release

With the conception of Russian Helicopters in 2007, the country’s rotorcraft industry has since risen from strength to strength. Once holding the remnants of an ailing soviet aerospace industry, the success of Kamov and MiL helicopters in particular is reflected by a 27.8 percent increase in consolidated revenues for the group, totalling some $3.4 billion

In the scope of both civil and military aviation, the global helicopter market is set to maintain the tenacious growth it has experienced over the past five years. Indeed, current forecasts suggest that by 2017 the industry will be worth an estimated $24.7 billion. Underlying the surge in demand for new rotorcraft has been the

In 2011 the Russian Ministry of Transport introduced new requirements for commercial aircraft, according to which all the soviet-era Yak-40s, Tu-134s and An-24s with no Terrain Awareness Warning System (TAWS) installed had to be grounded. Additionally, for quite a while now operators from Russia and the CIS have been continuously phasing out their old and

The air passenger traffic growth in the largest Latin American country Brazil is being driven by the strong economic growth and the rapidly expanding middle class. Brazil is currently one of the most stable and prosperous countries in Latin America which demonstrated an impressive $2.47 trillion GDP in 2011. The country’s economy is anticipated to

Today the national air fleet of Russia is composed of over 1500 various types of aircraft, whilst a mid-sized Russian commercial airline operates a fleet of approx. 20 aircraft, produced by both Russian and Western manufacturers. However, due to the ongoing ‘westernization’ of the fleet, the demand for relevant aircraft spare parts is continuously increasing,

The US-Finland trade seems to be relevantly moderate – the USA accounts for only approx. $6-7 billion of the total $145 billion export and import trade of Finland. However, over one third of all the imported aircraft parts reach the Scandinavian country from the American aviation suppliers. As many of the local air carriers continue