Ukraine and Kazakhstan to launch joint production of An-140
Dec 11. New Europe
Dmitry Kiva, president of the Ukrainian Antonov aircraft company recently announced that a large number of outdated An-24 and An-26 aircrafts are in operation in Kazakhstan, Gazeta.kz reported. To replace the outdated planes, Ukraine needs partner for production.
The Ukrainian Antonov State Aircraft Building Concern and Kazakhstan’s AeroKZ aircraft manufacturer have concluded an agreement on co-production and after-sale service of An-140-100 passenger aircrafts.
The agreement envisages that an aircraft assembly plant will be built in Kapchagai in the Almaty region, which would require an investment of $150 million. The fund would be used to construct a runway and test infrastructure.
The distribution of shares in the joint project is not disclosed yet. It is expected that in 2012 the new venture will assemble three aircrafts, eight in 2013, and 12 in 2014. The production rate at the Ukrainian-Kazakh plant is projected to reach 20 aircrafts annually.