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16 November 2015

Technodinamika Holding intends to take part in the tender for the development and delivery of equipment for the long range wide body commercial aircraft being designed jointly by Russia and China. The Holding has already put together offers on participating in the 14-system-project and has sent them to the manufacturers (United Aircraft Corporation and COMAC).

Technodinamika has replied to the manufacturer’s information inquiry on such systems as landing gear, a fire-protection system, air-conditioning system, auxiliary power unit, power supply system, and inert gas generation system. The Holding has also offered to develop the hydraulic, fuel, and anti-icing systems, as well as several others.

"We are prepared to manufacture competitive, state-of-the-art equipment," says Maxim Kuzyuk, CEO of Technodinamika. "In this case, the current economic situation plays into our hands because our offer can be more advantageous than the offers of foreign market players." He noted that specific system suppliers will be chosen in 2016.

Participation in the long range wide body commercial aircraft project falls in line with the Holding’s strategy of entering the global market. Technodinamika analysts estimate the total original equipment market for the prospective joint project at RUB 100 bln for the first year, with average annual growth of 19.5% for the next 5 years.

The memorandum on developing the new aircraft was signed by the Russian and Chinese parties in April 2014. At the time, the new program was expected to become one of the largest international cooperation projects in the aircraft industry and in the high-tech industry of both countries. The United Aircraft Corporation had pointed out that China was interested in building at least 1,000 units of such aircraft.