21 December 2017 Board of Directors of CRAIC, the Chinese-Russian Joint Venture, acting as the Operator of CR 929, the Long-Range Wide-Body Aircraft program, approved the results of passed Gate 2. Key output at this stage is the engineering concept review.
CRAIC Board of Directors inter alia approved the organizational structure and budget of the joint venture, the internal regulatory documents and the Charter. These decisions will facilitate the launch into operation of the joint venture in the nearest future.
In 2018, CR929 program will advance to the definition phase and to selection of Suppliers of the AC systems and equipment. This phase is very important for the cooperation of PJSC “United Aircraft Corporation” (PJSC UAC) and “Commercial Aircraft Corporation of China” (COMAC), being the founders of CRAIC. Suppliers will be selected within the next 1-1.5 years. The results of this phase will allow determining the CR929 aircraft primary systems and equipment Suppliers that will become the long-term partners of PJSC UAC and COMAC under the program.
March 27, 2018, Shanghai (PRC) – CRAIC, the joint venture of United Aircraft Corporation (UAC) and Commercial Aircraft Corporation of China (COMAC), has officially announced the commencement of Joint Concept Definition Phase (JCDP) within the program of CR929 aircraft development.
On 24 May 2018, Republic State Enterprise Kazspetsexport of Ministry of Defense and Aerospace Industry of the Republic of Kazakhstan and Irkut Corporation (an affiliate of UAC) signed the contract for delivery of another batch of Su-30SM multirole fighters. The contract was signed by the General Director of Kazspetsexport, Arman Ramazanov and the First Vice-President and General Designer of Irkut Corporation, Oleg Demchenko.
May 15, 2018, Moscow. “Tupolev” PJSC, part of the United Aircraft Corporation, gained the rights of a sole executive body concerning joint stock company “360 Aircraft repair plant”. The transition of “360 ARP” JSC under the control of “Tupolev” PJSC is executed due to establishment of the “UAC” strategic and long-range aviation division.