Russia's Sukhoi Civil Aircraft Company (SCAC) plans to draw on some 238.4 billion rubles ($3.7 billion) in funds by additionally raising its share capital, the company said Friday.
In September, SCAC shareholders decided to boost the company's share capital by emitting 1,000-ruble shares.
"The price of one common registered uncertificated share of the Sukhoi Civil Aircraft Company, priced nominally at 1,000 rubles, will be set at 2,167 rubles," the company said in a statement.
The move comes after Italy's Leonardo-Finmeccanicа engineering conglomerate decided to minimize its stake in the Sukhoi SuperJet 100 project earlier this year, pulling out of a previous emission of shares.
SCAC was formed in 2000 to diversify the Sukhoi Company aircraft manufacturer into civil aircraft design and construction. The company is majority-owned by the Sukhoi Company and currently focuses on the Sukhoi Superjet 100 project. The plane is a twin-engine regional passenger airliner which completed its maiden flight in 2008 and was first commercially sold in 2011.
U.S. Federal Aviation Administration has granted Boeing an amended type certificate for the new 737-7 airplane, clearing it for commercial service. The smallest...
EVA Air will begin a new nonstop service from Taipei to Delhi on December 1, with bookings now open on EVA Air's website or travel agencies. Operating five flights per week with Airbus A330-300 ai...
Summer high season in Spain is always a defining period for general aviation sector, and this year is no exception. With the first two months already behind us, preliminary results are offering a clea...
The first TBM 980 for a Brazilian customer delivered by Daher Aircraft, marking the introduction of this newest fast and efficient turboprop-powered airplane in a market where the TBM family continues...
