-T / T / +T | Comment(s)

Tuesday, February 1, 2011

All Together Now: Russian Helicopters Consolidation Finalized

Russian Helicopters JSC has completed consolidating all of the country’s helicopter manufacturing and service entities. As part of the final stage of a process to “centralize control functions” that began in 2008, the UIC Oboronprom subsidiary acquired 75 percent of Rostvertol, increasing its equity in the company from around 23 percent. Russian Helicopters also owns majority stakes in the following companies:

• Helicopter Service Co. (100 percent);

• Kamov (99 percent);

• Kazan Helicopters (66 percent);

• Kumertau Aviation Production Enterprise (100 percent);

• Mil Moscow Helicopter Plant (72 percent);

• Progress Arsenyev Aviation Co. (75 percent);

• Reductor-PM (81 percent);

• Stupino Machine Production Plant (60 percent); and

• Ulan-Ude Aviation Plant (75 percent).

Other partner organizations include AirTaxi Service (interior completions and maintenance), RET Kronshtadt (training, navigation and avionics), Tranzas (software and simulators); CSTS Dinamika (technical training for pilots and engineers), BETA AIR (testing equipment and avionics) and Ural Works of Civil Aviation (helicopter engine repairs and components). (From February 2011 Rotorcraft Report)

[X] Dismiss Ad