Russia's Sukhoi Civil Aircraft Company (SCAC) plans to draw on some 238.4 billion rubles ($3.7 billion) in funds by additionally raising its share capital, the company said Friday.
In September, SCAC shareholders decided to boost the company's share capital by emitting 1,000-ruble shares.
"The price of one common registered uncertificated share of the Sukhoi Civil Aircraft Company, priced nominally at 1,000 rubles, will be set at 2,167 rubles," the company said in a statement.
The move comes after Italy's Leonardo-Finmeccanicа engineering conglomerate decided to minimize its stake in the Sukhoi SuperJet 100 project earlier this year, pulling out of a previous emission of shares.
SCAC was formed in 2000 to diversify the Sukhoi Company aircraft manufacturer into civil aircraft design and construction. The company is majority-owned by the Sukhoi Company and currently focuses on the Sukhoi Superjet 100 project. The plane is a twin-engine regional passenger airliner which completed its maiden flight in 2008 and was first commercially sold in 2011.
Gol Airlines continues to expand its South American reach, leveraging its Brazilian network to open new travel possibilities. European passengers can now access southern Argentina through São P...
Regional turboprop fleets show stark disparities in age, reliability, and economic viability. Many aircraft are approaching end‑of‑life, while others are increasingly difficult to operate as spare‑par...
Qantas has inaugurated its new Product Innovation Centre in Adelaide, with South Australian Premier Peter Malinauskas joining Qantas Group Chief Technology, AI and Transformation Officer Rachel Yangoy...
Airbus has officially unveiled a new delivery center at its Jean‑Luc Lagardère site, northwest of Toulouse, marking a significant milestone in the industrial ramp‑up of the A320 Family. Purpose...
