Joint Stock Company Sukhoi Civil Aircraft (SCAC) has signed a 10-year, €100 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to fund the construction of the first new passenger airliner to have been designed in Russia since the collapse of the Soviet Union.
The Superjet 100 programme is the first Russian aircraft project integrating the best world industry resources and this will make it a fully marketable product. For SCAC this agreement represents not only financial support for the company's manufacturing infrastructure, but also highlights the growing credibility of the Russian aerospace industry and its potential to become a significant player in a highly competitive market.
Among the many leading aircraft specialists involved in the project, Boeing is acting as a consultant and Italy's Alenia, which is considering acquiring an equity stake in SCAC, will market the Superjet 100 and participate in after-sales support outside Russia.
The EBRD is committed to support Russia's integration into the global economy and the unprecedented international cooperation that is making the Superjet project possible is yet another good example of how key sectors of the Russian economy can benefit from working with the rest of the world.
The EBRD funds will be used to support the upgrade of the two Russian plants where the Superjet 100 is to be built, as well as to launch production and sales of the plane. The production and financing for the Superjet 100 have been ring-fenced to separate these completely from Sukhoi's traditional military aircraft construction activities.
Sukhoi Civil Aircraft Company (SCAC) was established in 2000 and it is a part of Sukhoi Holding. SCAC has its headquarters in Moscow and its own manufacturing facilities in Novosibirsk (Siberia) and Komsomolsk (Russian Far East) and leads the Sukhoi Superjet 100 programme. The programme's goal is to offer domestic and international markets a family of modern, short to medium range jetliners with a capacity of 75 to 95 seats, in basic and longer range versions.
SCAC's responsibilities include design and development, procurement, production, certification, asset management, marketing and sales, as well as customer support for the planes.
Superjet 100 Team: Thales, Liebherr Aerospace, Messier-Dowty, Intertechnique (Zodiac), B/E Aerospace, Autronics (Curtiss Wright), Honeywell, Ipeco, Parker, Hamilton Sundstrand, Goodrich, Saint Gobain Sully etc.