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Volga-Dnepr Group will acquire 20 An-124 aircraft for $4 billion

Russian Aviaton » Friday April 13, 2012 18:56 MSK
Handling medical bus to the An-124-100 at the Miami airport | Photo courtesy of the Group of companies "Volga-Dnepr

Volga-Dnepr Group intends to sign a firm contract with United Aircraft Corporation (UAC) on delivery of 20 An-124 aircraft with a total value of $4 billion, Valery Gabriel, the vice-president of Volga-Dnepr said. AEX.ru

The company intends to acquire a total of 40 An-124 jets by 2030 (20 ones specified in the firm contract + an option for another 20). The contract’s total amount is $8 billion.

Various modifications of An-124 aircraft will be acquired within the framework of the contract, including Аn-124NG. It will have the extended range, reduced emission and noise footprint and increased fuel efficiency. The jet’s engines will have the service life of 70 000 flight hours. An-124NG will have the glass cockpit and new avionics.