Friday, January 11, 2008

Russia to expand General Aviation interests

Austrian Bannert Air Business Aviation Services announced its plans to build business aviation terminals in Russia's Krasnodar, Adler and Gelenjik airports.

Bannert intends to invest up to six million Euros in this program. Foreign companies are also participating in the development of the first specialized business, regional and general aviation airport near Kazan. The key investor is Commerzbank AG, while the building work is being handled by German-based TUL International.

Vladimir Lebedev, president of Russia’s National Association of Business Aviation, says this construction project is worth Euros 125 million. Lebedev also notes that a plan to establish a network of 10 General Aviation business airports has been submitted to the Investment Fund of the Russian Federation.

Another project is being considered by Air Alpha, which represents Piper, Piaggio and Pilatus in Russia. In September Air Alpha Maintenance received Russian certification. The company was considering Samara as a possible location for a maintenance base, the reason behind this choice being that the city is an aircraft industry center on a national scale, and home to one of the aviation-related universities, so finding trained personnel would be easy.

In essence, then, there is plenty of promise moving into 2008 and beyond for development of Russia’s General and business aviation infrastructure in support of a growing industry within the region.

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