The 3-year contract for maintenance of aircraft operated by the Ministry of Defense (MoD) was the largest one signed during day one of MAKS-2013 airshow (the contract’s value is 85 billion rubles). The document was signed in the presence of the Chairman of the Government, Dmitry Medvedev, by the Deputy Minister of Defense, Y.I. Borisov and President of United Aircraft Corporation (UAC), Mikhail Pogosyan. 

Implementation of this contract will help increase the combat readiness and improve the condition of combat and military-transport aircraft operated by the MoD.  The contract assumes that UAC must consolidate functions in the area of technical support of aircraft throughout its life cycle – from delivery to utilization. The integration of postsale services under the aegis of UAC will help regulate the system for renewal of exchange fleet and delivery of kits. It will also allow improving the management of designer’s and technical supervision. The order backlog for SSJ100 and MS-21 aircraft increased by 73 jets during the day one of the airshow. The total value of these contracts is assessed at $5 billion at list prices. 

The signing of agreements aimed at establishment of competitive mechanisms for financing and promotion of aircraft sales was one of the most important events of day one. The documents were signed in the presence of Dmitry Medvedev. 

In particular, the agreements with Sberbank and Sberbank-Leasing aimed at establishment of competitive system of operational leasing of commercial aircraft have been signed. Moreover, SCAC and Sberbank-Leasing plan to create a joint venture responsible for promotion and leasing of SSJ100 aircraft. The JV will consolidate the capabilities of SCAC in the area of development of advanced aircraft and its technical support with the capabilities of Sberbank-Leasing in the area of operational leasing. 

Russian export credit and investment agency EKSAR and UAC have signed a memorandum on strategic cooperation in terms of creating a special insurance program for export credits granted to foreign customers of Sukhoi Superjet 100 (SSJ-100) aircraft. The program will be customized in accordance with the requirements of international financial institutions taking part in the financing of SSJ-100’s export.

«The day one of MAKS-2013 provided us with some positive results. It is important that the agreements signed today cover not only sales of the aircraft, but also a number of such important areas as services, elaboration of competitive mechanisms for financing the acquisition of the jets and creation of system for effective teamwork with our key suppliers. However, there is more to come: we will announce the signing of other contracts soon», - president of UAC, Mikhail Pogosyan, said.