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Monday, July 26, 2010

Tycoon Vekselberg plans training aircraft plant in Russia

PC-21 PilatusRussian Renova Group, owned by tycoon Viktor Vekselberg, may build a plant for the production of training aircraft, based on the technology of the Swiss aircraft manufacturer Pilatus, Vedomosti daily reported on Friday.

The project will only go ahead if Renova manages to conclude delivery contracts with the Russian Defense Ministry, a source close to the group told the paper.

If launched, the plant will produce aircraft based on the Pilatus PC-9 M and PC-21 models.

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