Orders for Russian MiG products double in last 12 months
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Moscow, 10 June: The stock of orders of the Russian MiG aircraft-building corporation has increased by almost double
over the past year, MiG Director General Valeriy Toryanin said at the corporation's presentation to State Duma
members held in Moscow on Thursday [10 June].
"A year ago, the total of the corporation's orders was 1.4bn dollars, while now it has increased by almost
double to 2.6bn dollars," Toryanin said. He also said that there is a demand for effective combat aircraft in the
international market, which MiG is ready to satisfy.
"We receive more and more customers every day, wishing to acquire new modifications of the MiG-29 Fulcrum. This
trend makes us confident that we will be able to make our plans come true, where both military and commercial programmes
are concerned. We are not going to quit the Tu-334 or MiG-110 programmes," Toryanin said.
According to MiG's plans, "the stock of orders shall increase to 6bn dollars by 2008". Among
MiG's current customers are 25 countries all over the world, including Slovakia, the Czech Republic, Ukraine,
Poland, Kazakhstan, Malaysia, India, Yemen, Thailand and some others.
MiG's manufacturing capabilities allow the company to fulfil almost any contract as they are designed to
manufacture 200 MiG-29s annually. At present, only 35 per cent of the capabilities are utilized, producing other
aircraft as well as fighters. According to specialists, the potential built into the MiG-29 by its designers provides
for deriving a whole family of new aircraft from it. Currently, in addition to the basic version of the fighter, the MiG
corporation offers clients its cutting-edge modifications, including the MiG-29K/KUB, MiG-29M/M2 and MiG-29SMT.
The corporation has exported 6,289 combat aircraft to foreign countries in the past. Today it has a great market
opportunity in supporting their airworthiness and modernizing them.
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