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Russian aircraft manufacturer Sukhoi will start making a profit on its initial investment once 300 SuperJet 100s regional aircraft have been sold
Russian aircraft manufacturer Sukhoi will start making a profit on its initial investment once 300 SuperJet 100s regional aircraft have been sold, the company's CEO said Tuesday. "We need to sell 300 machines to recoup the project," Mikhail Pogosyan said. He said the catalogue price of a 95-seat basic version is $28 million, while the company is currently working on both a smaller and large capacity model. The Sukhoi SuperJet 100 is the company's key program in the development of civilian aircraft. Sukhoi said last week it is planning to increase output by 40% to $2 billion by 2010, mainly by raising production of civilian aircraft. The family of medium-haul passenger aircraft was developed by the Sukhoi Design Bureau in cooperation with major American and European aviation corporations, including Boeing, Snecma, Thales, Messier Dowty, Liebherr Aerospace, and Honeywell. Sukhoi plans to produce at least 700 SuperJet 100s, and intends to sell 35% of them to North America, 25% to Europe, 10% to Latin America, and 7% to Russia and China. The overall market for the SuperJet 100 is estimated at about 5,500 airliners, worth $100 billion, up to 2023. So far, Sukhoi Civil Aircraft, a subsidiary of the Sukhoi holding, has secured over 60 orders for its regional aircraft. Aeroflot, Russia's leading air carrier, is one of the largest clients, with contracts for the delivery of at least 45 planes. At the Paris Air Show in June, Sukhoi signed a $283-million contract to supply 10 Superjet 100s to Italian carrier ItAli Airlines and the company said in July it would build the first nine aircraft in 2008. At the same time, the company is planning to continue the modernization and production of its famous family of military aircraft, including Su-27 and Su-30 Flanker fighters, Su-33 Flanker-D naval fighters, Su-34 Fullback strike aircraft and Su-35 Flanker-E air superiority fighters.
Print Russian aircraft manufacturer Sukhoi will start making a profit on its initial investment once 300 SuperJet 100s regional aircraft have been sold Bookmark Russian aircraft manufacturer Sukhoi will start making a profit on its initial investment once 300 SuperJet 100s regional aircraft have been sold

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