To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army,

To revive aircraft production at Antonov, Ukreximbank is loaning $105 million to the state aircraft manufacturer to build three An-178 cargo jets for Ukraine’s Army, Yevhen Metzger, chairman of the state bank, writes on Facebook. Airplane delivery is planned for 2023. Concurrently, Antonov is building an An-178 for Peru’s National Police and is negotiating the sale of a second plane. Airplane building at Kyiv’s Antonov largely stopped in 2014 as the company worked to make or source parts to replace parts from Russia. Company officials say this substitution process is largely complete.

Post navigation
Previous post

The New Year’s holiday temperatures were some of the warmest on record, with the weather comparable to that of a normal mid-October

Next post

Ukraine ended the year with $29.1 billion in reserves, a 15% yoy increase