Aviation news analysis
50 SKY SHADES - World aviation news

Rostec Suggests Using Automobile Leasing Scheme to Renew Russian Helicopter Fleet

Download: Printable PDF Date: 21 Sep 2018 14:21 categories:
Publisher:
Rostec Suggests Using Automobile Leasing Scheme to Renew Russian Helicopter Fleet - Finance publisher
Tatjana Obrazcova
Country: Russian Federation Aircraft: Helicopters

Rostec has suggested implementing the Government's idea to replace helicopters older than 25 years in Russia based on the leasing scheme. The measures can be supported by the state program facilitating purchase of new aircraft for air carriers. The suggestion was announced by Director of the Aviation Cluster of the state corporation Anatoly Serdyukov.

The Russian fleet of civilian helicopters numbers about 1,800 helicopters, over 60–70% of which have been operated for 25 years and longer. Most of those helicopters were put into operation as early as at the beginning of the post-soviet period, and a considerable part of the aircraft was purchased by air carriers in early 1990s. According to the aircraft register, the Russian fleet mostly consists of Mi-8 helicopters. Due to the long-standing need to replace a part of the Russian helicopter fleet, Rostec suggests measures that would facilitate purchase of new aircraft for air carriers.

“We are expecting that renewal of the helicopter fleet will be supported by the state program to facilitate purchase of new aircraft for air carriers, similar to the one implemented in the auto industry,” said Director of the Aviation Cluster of Rostec Anatoly Serdyukov. “A take-back program can be developed, and a leasing scheme may be used. For instance, an old helicopter will be taken in as the first payment, and an air carrier will receive a new helicopter in return.”

The Rostec Corporation's initiative on replacement of obsolete helicopters is primarily intended to improve flight safety. A life cycle of any aircraft ends over time. Therefore, manufacturers have to suggest new solutions in the market in order to make it easier for companies to purchase new helicopters.

“Our task is also to study the leasing scheme and the mechanism of lease payment compensation for buyers of new helicopters. The initiative should become a really attractive solution that would actually help air carriers to renew the helicopter fleet,” added Anatoly Serdyukov.



Loading comments for Rostec Suggests Using Automobile Leasing Scheme to Renew Russian Helicopter Fleet...


Recommended

Embraer Delivers 15 Commercial and 24 Executive Jets in 3Q18

During the third quarter of 2018 (3Q18), Embraer delivered 15 jets to the commercial aviation market and 24 business jets, being 17 light jets and 7 large jets. On September 30, Embraer’s f...

Airbus and China Airlines present A350-900 with special joint livery

Taiwan’s China Airlines (CAL) has taken delivery of its newest A350-900 aircraft, which features a unique joint livery that combines the airline’s distinctive plum blossom logo with Airbus...

AZAL and Belavia signed a codeshare agreement on Baku-Minsk route

In October 2018, Belavia Airlines JSC  and Azerbaijan Airlines (AZAL) signed a bilateral agreement (codeshare) on the joint operation of Minsk-Baku air route starting from October 28, 2018.&...

FAI welcomes first Challenger 850 and bids farewell to last Learjet 55

German Special Mission Operator FAI rent-a-jet AG, continues its fleet expansion with the addition of its first Bombardier Challenger 850. The German registered aircraft, (D-AFAN) joined the fleet thi...