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10 February 2014, 13:43
MiG aims to double aircraft production by 2017
Photo: RIA Novosti
Russian Aircraft Corporation MiG (RAC MiG) plans to double aircraft production by 2017, deputy CEO for economics and finance Sergei Mamayev told Interfax. "Today we produce from scratch and sell about 16 planes per year.
Our objective is to reach 24 [aircraft] by 2015 and 30 planes by 2017. This is all that the market can currently use," Mamayev said. He said RAC MiG's sales totalled about 30 billion rubles in 2013 (not including sales of Nizhny Novgorod Aircraft Plant Sokol (MOEX: NASO)), and are targeted to grow to about 37 billion rubles this year and 40 billion rubles in 2015.
"We plan to achieve sales of about 42 billion rubles by 2017," Mamayev said. RAC MiG, which is part of Russia's United Aircraft Corporation (UAC), makes jet fighters, multirole combat aircraft, including the new MiG-29K/KUB, MiG-29M/M2 and latest MiG-35 jets, training aircraft and general purpose light aircraft.
Voice of Russia, Interfax
MiG aims to double aircraft production by 2017
![9RIAN_01211518.LR.ru.jpg](/proxy.php?image=http%3A%2F%2Fcdn.ruvr.ru%2F2014%2F02%2F10%2F1177846525%2F9RIAN_01211518.LR.ru.jpg&hash=2893880890e4d215f4c73c983cdaf427)
Photo: RIA Novosti
Russian Aircraft Corporation MiG (RAC MiG) plans to double aircraft production by 2017, deputy CEO for economics and finance Sergei Mamayev told Interfax. "Today we produce from scratch and sell about 16 planes per year.
Our objective is to reach 24 [aircraft] by 2015 and 30 planes by 2017. This is all that the market can currently use," Mamayev said. He said RAC MiG's sales totalled about 30 billion rubles in 2013 (not including sales of Nizhny Novgorod Aircraft Plant Sokol (MOEX: NASO)), and are targeted to grow to about 37 billion rubles this year and 40 billion rubles in 2015.
"We plan to achieve sales of about 42 billion rubles by 2017," Mamayev said. RAC MiG, which is part of Russia's United Aircraft Corporation (UAC), makes jet fighters, multirole combat aircraft, including the new MiG-29K/KUB, MiG-29M/M2 and latest MiG-35 jets, training aircraft and general purpose light aircraft.
Voice of Russia, Interfax