20:59 GMT28 October 2020
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    Russia's United Aircraft Corporation hopes to get a foothold in South-East Asia and expand business in the region.

    MOSCOW, April 9 (Sputnik) — Russia's United Aircraft Corporation (UAC) is planning to expand its business on the markets in South-East Asia in the next five years, the company said Thursday.

    "The UAC is hoping that the Sukhoi Superjet-100 [passenger plane] will be an attractive option in the local 70-100-seat jet segment for many Asian airlines. The company sets the task of getting a foothold in this market," the UAC said in statement citing the company's president, Yury Slyusar.

    The company estimates South-East Asia market potential [without China] for the SSJ-100 at 100 planes.

    SSJ100 for Interjet
    © Flickr / SuperJet International
    SSJ100 for Interjet

    The lower house of parliament published Wednesday the text of a draft bill in which it earmarked $11 million for UAC's Sukhoi Civil Aircraft company under a $19.2-billion comprehensive federal loan bond program.Late last month, Russian President Vladimir Putin announced the decision to provide additional capital of nearly $2 billion to UAC, a consolidation of several Russian aerospace and defense companies.

    Sukhoi is a family of short-haul passenger jets made available for commercial exploitation in 2011 and popular among Mexican, Laotian and Indonesian airliners. Nepal's Bishwo Airways signed a deal in February to purchase a batch from Sukhoi Civil Aircraft.


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    business, plane, Sukhoi SuperJet-100 (SSJ-100), United Aircraft Corporation (UAC), Russia, Southeast Asia
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