Russian Helicopters negotiates service center setup in Azerbaijan
25.05.2017 / Moscow

Russian Helicopters, part of State Corporation Rostec, has held talks on setting up a helicopter service center in Azerbaijan with Azerbaijan Airlines and Silk Way Group at the 10th International Helicopter Industry Exhibition HeliRussia 2017.

Russian Helicopters CEO Andrey Boginsky, president of ZAO Azerbaijan Airlines Jahangir Askerov, president of Silk Way Group Zaur Akhundov, and CEO of Silk Way Helicopter Services Azer Sultanov took part in the negotiations.

Following the decision of the 16th session of the Intergovernmental Commission on Economic Cooperation between Azerbaijan and Russia, the parties confirmed their mutual interest in the project aimed at the creation of a service center for maintenance and repairs of the Russian/Soviet-build civilian and military helicopters in Azerbaijan.

Joint work on the project started in 2016.  At ADEX-2016 International Defence Exhibition, Russian Helicopters and Azerbaijani’s Silk Way Helicopter Services reached an agreement to open a service center for maintenance and overhaul of Russian-made Mi-8/17 type helicopters in Azerbaijan.  In order to implement the deal, at the beginning of this year Russian and Azerbaijani specialists looked into a possibility to open the center at Heydar Aliyev International Airport.

To continue work started at the 10th International Helicopter Industry Exhibition HeliRussia-2017, the heads of Russian Helicopters and Azerbaijan Airlines signed a document called “Key action plan to organize a service center for maintenance and repair of Russian/Soviet-made civilian helicopters in the Azerbaijan Republic”. 

“Azerbaijan is our traditional partner; this country has vast experience using Russian helicopters.  With this in mind, opening a service center for Russian/Soviet helicopters in Azerbaijan seems of vital importance.  We have agreed with our partners on the relevance of the project and expect to sign requisite agreements and contractual documents until the end of summer,” said Russian Helicopters CEO Andrey Boginsky after the negotiations.  

Currently, Azerbaijan operates a large fleet of Russian-made helicopters, including the Mi-8/17 type medium multirole helicopters and the Mi-24 and Mi-35M attack helicopters. 

Russian Helicopters, (part of State Corporation Rostec), is one of the global leaders in helicopter production and the only helicopter design and production powerhouse in Russia. Russian Helicopters was founded in 2007 and is headquartered in Moscow. The company comprises five helicopter production facilities, two design bureaus, a spare parts production and repair facility, as well as an aftersale service branch responsible for maintenance and repair in Russia and all over the world. Its helicopters are popular among Russian ministries and state authorities (Ministry of Defence, Ministry of Internal Affairs, Emergency Control Ministry), operators (Gazpromavia, UTair), major Russian corporations. In 2015 its IFRS revenues increased 29.5% to RUB 220.0 billion. Deliveries reached 212 helicopters.

State Corporation Rostec is a Russian corporation founded in 2007 for the purpose of promoting the development, production and export of hi-tech civilian and military industry products. It comprises 700 organisations, nine of which have now been formed as holding companies of the military-industrial complex, six of them are involved in civil industries and 32 are directly controlled. Rostec’s portfolio includes recognised brands such as Avtovaz, Kamaz, Kalashnikov Concern, Russian Helicopters, and VSMPO-AVISMA. Rostec’s organisations are located in 60 constituent entities of the Russian Federation and supply their products to the markets of more than 70 countries. The revenue of Rostec in 2015 amounted to RUB 1.140 trillion. Average salaries within the Corporation amounted to RUB 41 thousand and tax deductions into the treasuries at all levels exceeded RUB 160 billion. According to the new Rostec strategy, the new main goal of the Corporation is to facilitate technological advantage of Russia at highly competitive international markets. Planned volume of investments into development until 2025 is RUB 4.3 trillion.

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