Russian Civil Aviation: News

Update the state program of development of the aviation industry before the end of January should be submitted to the government. The document has been changed along with other state programs and aligned with the new requirements of the economic ministries. However, the text has been objectified mechanisms to support the aviation industry, as well as updated resource provision.

The text of the new edition of the state program "Development of the aviation industry in the years 2013-2025" at the end of last week brought up for public discussion. About the project and comment professionals can before February 1 of this year. In addition, the document is sent to the ministries of the financial unit. It is expected that departments comments will be received during this week, and until the end of the month update state program will be submitted to the government, said "AviaPort" a source in the Ministry of Industry and Trade.

Placed on shelves

The need to change the state program dictated by a Government Regulation and the new guidelines of the Ministry of Economic Development. In accordance with the requirements of the economic ministries, the program has changed the wording of the main activities, detailed method of estimating the effectiveness of its implementation, and described in detail the criteria for selection of investment projects.

Besides, according to the explanatory note to the document in accordance with the Treasury limits are mainstreamed funding levels of some items in the program. More detail in the new text contains measures of regulation aerospace industry. The mechanisms of formation of a consolidated state order to guarantee the residual value of the aircraft, expanded description of the mechanism of recurrent budget funding.

Special attention should be given in the description of the state program of support mechanisms for the aviation industry and promotion of aircraft on the market, the need to implement repeatedly stated that market participants aviation, business representatives, financial companies. Noted that all circuits were formed to meet the requirements which are imposed on Russian participation in the WTO. And the main mechanism in the document called recurrent budget funding.

Access to money

According to the text of the state program, now in Russia, this practice is not used, but it has shown high efficiency abroad. We need a mechanism to earn in 2016. "Recurrent government funding is intended to provide organizations with the aviation industry," long "and" cheap "money to carry out development work in new and ongoing projects of the aviation industry, keeping them strong market motivation" - the document says. As conceived by the drafters, the use of this mechanism should provide companies with access to a significant amount of funding with conditions no worse than the competition. The authors calculated that in the framework of this mechanism, the company will receive funds for up to 25 years in tranches during the first 10 years, and funding, of course, will depend on the specific project, but may cover up to 75% of its needs. Start payments to the budget will depend on the output to a certain level of sales, and calculate repayment scheme individually. Progress of the project promise to strictly control and suspend funding if our plans fail.

For access to the mechanism of recurrent budget funding organization will undergo some kind of control, which may be stricter than for other projects of the aviation industry. Promise that the conditions for the allocation of funds will be developed in line with international experience. Money will only be provided if the other ways the organization can not attract funds. With all of these conditions should be prepared relevant legal framework. Based on the text of the state program regulations governing the mechanism of recurrent budget funding will need to reflect the selection rules of the company, which will receive the funds, facilities and funding source, the procedure for returning control methods over budget spending, penalties for non-cooperation by the conditions. It is not excluded that the implementation of the mechanism of recurrent budget funding may require changes in the budget code.

Help young

Particular attention is paid to the state program original purchase of the aviation industry. This stage is the most risky and unpredictable, and therefore the maximum aircraft manufacturer vulnerable at precisely the moment when introduces a new technique. Compilers state program found that when a player has an established reputation and established after-sales service, it has no need to form additional reserves to maintain airworthiness and provide the buyer the significant discounts - enough for 10% -20% lower price for the first 50-80 aircraft. "For a new player in the market effect of these factors is much stronger and requires the provision of its products much greater discounts (up to 50-60% initially)," - considered specialists. To market value price will rise only if the total aircraft fleet of the appropriate type will be 100-150 units. "One possible way to market is to provide a new player manufacturer at attractive conditions than its competitors. To equalize the competitive position on the market of a new product to the manufacturer it is advisable to subsidize the cost of the primary sales" - decided to experts.

As one of the support mechanisms offered beginners marketable mechanism guarantees the residual value. If a plane loses in price more than planned buyer or surety company must compensate for the difference between expectations and reality, or redeem it back at a predetermined price. "In accordance with international practice, the residual value guarantee is issued for the first 100 aircraft, which form the secondary market. Guaranteed residual value - is the liability of the manufacturer that if at the end of the deadline, usually 6-12 years, the cost of the aircraft on secondary market will be lower than the guaranteed residual value guarantor compensates the buyer the difference between agreed by the parties "- explain legislators.

According to the logic of the document, the need to implement such a mechanism in Russia due to the precarious financial situation of aviation enterprises. "Currently, the financial position of" United Aircraft Corporation ", which is developing and bringing to market new civilian technology (SSJ-100, MS-21), does not allow to create reserves for liabilities from guarantees residual value due to its high debt load and investment" , - says the state program. In an environment where producers are not able to generate sales because of their own funds, in the case should start state. This, on the one hand, to give confidence to the buyer, on the other, to ensure continuity of the manufacturer. How it will be funded residual value guarantees, remains unclear. Alternatively, referring to the international experience, the drafters of the state program are advised to create a separate company within the KLA guarantor, whose initial capital will be generated due to budgetary contribution to the KLA itself. Investment memorandum will be developed by 2016.

Operlizing also need

Important mechanism for their livelihoods domestic aircraft program compilers considered implementing the practice of operational leasing of aircraft. Mechanism to work it is necessary to state guaranteed residual value of the equipment. In addition, the Ministry considers not superfluous to consider the abolition of the property tax, if we go on the aircraft. And will require some legislative changes.

As stated in the document, the interest in the development of this mechanism, identified a number of major players in the financial market, such as "VEB-Leasing", "Ilyushin Finance.", "VTB-Leasing", "Sberbank Leasing", "GTLK." "Market participants agree that without a mechanism operating lease is impossible to imagine a large-scale domestic manufacturers of aircraft sale Sun" - said in the program. Practice shows that the implementation of such measures will be happy to do all aspects of the dialogue: customers, manufacturers and leasing companies. A Director of IFC Alexander Rubtsov said earlier that without implementing future domestic aviation industry altogether vague. "These things are important, without them impossible to sell the plane," - he said earlier, commenting on the prospects of visiting Russian support mechanisms for producers and operators of aircraft at the time of development of a new type. Among other things, the expert talked about the importance of subsidizing interest rates on loans. And this, too, is said in the state program.

Rates are lower, the result above

Drafters considered it necessary to improve the rules for granting subsidies to Russian aircraft manufacturers with which enterprises quenched interest on loans. Explained by such a need that competitors - manufacturers from China and the U.S. share of loans in the portfolio less - an average of 20%, and rates are lower - 6.4% per annum. In our case, more than 70% of the aviation industry companies - borrowed. "The relevance of equal conditions for investment financing Competitors continue in the next 7-10 years (at least until a sustainable positive cash flow from the supply of new products)," - the document says. It is noted here that the new conditions must be applied to loans obtained after 2011. This, in turn, will require increased funding for grants.

Counted the money, but not all

The authors state program in conjunction with the relevant ministries found that to subsidize interest rates will need to allocate an additional  7 billion 215 million 000 thousand rubles from 2013 to 2015. Subsidizing initial sales will require another 10 billion 327 million 250 thousand rubles to the end of this year. In terms of aircraft specified amounts needed for research and development. 280 million rubles will need to complete research and development on aircraft Be-200 in 2016, will cost 75.4 billion development "Jet 2020" in the period from 2016 to 2022 and a little less - 72.1 billion rubles, "Jet 2030". It is assumed that as a result manufacturers reduce debt, increase sales and come to market with a new aircraft.

Perform R & D on promising heavy helicopters will cost 12 billion from 2016 to 2019, by promising helicopters - almost 30 billion from 2017 to 2020.

To support the engine manufacturers in 2015 202.5 million rubles from the budget will allocate "Oboronprom" "for the purpose of payment of coupon yield on bonds" to finance projects engine line PD-14 and PD-10. Another 12 billion venture will have on the organization of production relocation from Moscow to Ufa. R & D on "Engine 2020" would cost $ 27 billion, "Engine 2030" - 31.7 billion promise, with the result that Russian widebody ("Airplane 2020") and perspective ("Airplane 2030") aircraft engines will be Russian.

February 24, AEX.ru - Russia has made ​​an offer to supply Tehran new passenger Tu-204 aircraft, said Deputy Minister of Transport on aviation Iran Ali Mohammad Nourian, writes RBC .

"Russia has approached us with a proposal to explore the possibility of purchasing them (new) passenger planes in the tender that will allow Moscow to import airplanes, if Iran's Civil Aviation Organization approve this proposal," - said Nourian.

"The capacity of the aircraft 210 seats, and their price is $ 35 million," - he said. Nourian noted that the Tu-204 was cheaper than their Western competitors by Boeing and Airbus.

Vice Minister said that currently Iran Civil Aviation Organization is studying the Russian proposal. Nourian, who also heads the organization explained that it helps Iranian air carriers update the fleet of passenger airliners. Nourian also reminded the West to lift sanctions against the Iranian aviation industry. "I hope that after the recent Geneva Agreement and the lifting of sanctions aimed at prohibiting the placing aircraft parts to Iran, 80% are not currently used aircraft will be returned to flying as part of the national fleet," - he said.

In November 2013. Iran and "six" concluded an interim agreement for a period of six months, by which Tehran pledged to stop enriching uranium to 20% in exchange for a withdrawal from the country of the economic sanctions. The Agreement entered into force on 20 Jan. At the moment, Iran is negotiating with the West, in which the parties expect to reach a final long-term agreement under which Iran would limit its nuclear program as it would wish the West, while the U.S. and EU sanctions would be removed completely, causing significant damage to the economy of the Islamic Republic.

Notes that Western embargo on the supply of components for Iranian passenger planes airlines is one of the main causes of air crashes and numerous technical problems of air transport in Iran, which has already cost the country tens of lives of civilians.

United Aircraft Corporation (UAC) and Antonov State Enterprise plan to manufacture 150 An-148T transport aircraft in four years, Vedomosti reports.

It was stated by the President of Motor Sich, Vyacheslav Boguslaev. He also added that the jets will be manufactured by Voronezh Aircraft Production Association (VASO).

xeno wrote:dream...

Chinese private company O-bay Aircraft Company, based in Henan Province, is going to buy one aircraft Sukhoi Superjet-100, the company "Sukhoi" in the amount of 3.54 billion U.S. dollars.

Viktor wrote:Here it is

Media: Chinese airline will purchase aircraft SSJ-100 for $ 3.5 billion

Chinese private company O-bay Aircraft Company, based in Henan Province, is going to buy one aircraft Sukhoi Superjet-100, the company "Sukhoi" in the amount of 3.54 billion U.S. dollars.

flamming_python wrote:Dem SSJ-100s are pretty pricy I see.