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Russian International MAKS Air Show Ends With Contracts Worth Over $5.3 Bln

© Sputnik / Maksim Blinov / Go to the mediabankInternational Aerospace Salon (MAKS 2015) near Moscow.
International Aerospace Salon (MAKS 2015) near Moscow. - Sputnik International
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Russia’s largest and most popular international air show MAKS-2015 has wrapped up on Sunday, with contracts signed worth over $5.3 billion in six days.

ZHUKOVSKY (Sputnik), Alexander Mosesov – About 760 companies from 35 countries took part in the annual show, officially called the International Aviation and Space Salon. The show took place in the city of Zhukovsky, Moscow Region, on August 25-30. Over 404,000 visitors attended the salon.

In 2015, MAKS proved that despite the current political tensions between the host country and the Western states and the economic difficulties Russia is facing, the interest in Russia’s aerospace products, technologies and the country’s aerospace market remains particular.

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NOTEWORTHY DEALS

Aircraft manufacturing giants, such as Boeing and Airbus along with world-famous aerospace firms were presented at MAKS, actively participating in negotiations with Russian counterparts from the industry and government officials.

The absolute majority of the deals were signed in the first three days, where the first one featured arrival of Russian President Vladimir Putin and the second two were dedicated exclusively to business.

Mostly signed in the civilian aerospace sector, many deals had to do with Russia’s Superjet-100 (SSJ-100), a short-to-medium-haul passenger plane developed by Sukhoi aircraft manufacturer.

Most of these contracts were signed by Sukhoi with Russian air carriers. However, Russia’s Deputy Minister of Industry and Trade Andrei Boginsky stated that Iran was considering purchasing dozens of SSJ-100’s.

In the sphere of aircraft construction, Russian company VSMPO-Avisma, leading manufacturer of titanium products, signed a contract on the delivery of titanium molds for the new composite wing of Boeing’s 777X aircraft, and an agreement with Airbus on machined components for the landing gear.

As of military aerospace industry, almost 50 Su-35 multi-role fighter aircraft (NATO reporting name: Flanker-E) have been ordered by the Russian Defense Ministry. It has also been announced that a contract will be signed by the ministry for new MiG-35 fighters (NATO reporting name: Fulcrum-F) in 2016.

© REUTERS / Maxim ShemetovVisitors walk along a row of planes and helicopters on display at the MAKS International Aviation and Space Salon in Zhukovsky, outside Moscow, Russia, August 25, 2015. REUTERS/Maxim Shemetov
Visitors walk along a row of planes and helicopters on display at the MAKS International Aviation and Space Salon in Zhukovsky, outside Moscow, Russia, August 25, 2015 - Sputnik International
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Visitors walk along a row of planes and helicopters on display at the MAKS International Aviation and Space Salon in Zhukovsky, outside Moscow, Russia, August 25, 2015. REUTERS/Maxim Shemetov
© Sputnik / Maksim Blinov / Go to the mediabankThe Sukhoi Superjet 100 presented at the 2015 MAKS air show's opening ceremony in the Moscow suburban town of Zhukovsky.
The Sukhoi Superjet 100 presented at the 2015 MAKS air show - Sputnik International
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The Sukhoi Superjet 100 presented at the 2015 MAKS air show's opening ceremony in the Moscow suburban town of Zhukovsky.
© Sputnik / Vladimir Astapkovich / Go to the mediabankСамолет МиГ-35 во время выступления на Международном авиационно-космическом салоне МАКС 2015 в подмосковном Жуковском.
MiG-35 fighter jet performs during Russian MAKS-2015 air show - Sputnik International
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Самолет МиГ-35 во время выступления на Международном авиационно-космическом салоне МАКС 2015 в подмосковном Жуковском.
© Sputnik / Mikhail Voskresenskiy / Go to the mediabankSu-34 (left), T-50 (centre) and Su-35 (right) aircraft at the 2015 MAKS air show
Su-34 (left), T-50 (centre) and Su-35 (right) aircraft at the 2015 MAKS air show - Sputnik International
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Su-34 (left), T-50 (centre) and Su-35 (right) aircraft at the 2015 MAKS air show
© Sputnik / Vladimir Astapkovich / Go to the mediabankZala 421-16E5 UAV, the Zala Aero Group companies, entering into Kalashnikov concern, MAKS 2015
Zala 421-16E5 UAV, the Zala Aero Group companies, entering into Kalashnikov concern - Sputnik International
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Zala 421-16E5 UAV, the Zala Aero Group companies, entering into Kalashnikov concern, MAKS 2015
© Sputnik / Vladimir Astapkovich / Go to the mediabankVisitors look at a Mil Mi-28 NE attack helicopter during the International Aerospace Salon MAKS 2015
Visitors look at a Mil Mi-28 NE attack helicopter during the International Aerospace Salon MAKS 2015 - Sputnik International
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Visitors look at a Mil Mi-28 NE attack helicopter during the International Aerospace Salon MAKS 2015
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Visitors walk along a row of planes and helicopters on display at the MAKS International Aviation and Space Salon in Zhukovsky, outside Moscow, Russia, August 25, 2015. REUTERS/Maxim Shemetov
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The Sukhoi Superjet 100 presented at the 2015 MAKS air show's opening ceremony in the Moscow suburban town of Zhukovsky.
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Самолет МиГ-35 во время выступления на Международном авиационно-космическом салоне МАКС 2015 в подмосковном Жуковском.
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Su-34 (left), T-50 (centre) and Su-35 (right) aircraft at the 2015 MAKS air show
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Zala 421-16E5 UAV, the Zala Aero Group companies, entering into Kalashnikov concern, MAKS 2015
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Visitors look at a Mil Mi-28 NE attack helicopter during the International Aerospace Salon MAKS 2015

ATMOSPHERE

In several interviews to Sputnik, airshow participants from Belgium, the United States and Canada showed their readiness to cooperate and deepen relations with Russian aerospace firms and air carriers despite the devaluation of the ruble and the sanctions regime, imposed by Western countries over the crisis in Ukraine.

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For instance, Canada’s Marinvent Corporation is actively cooperating with a Russian state-run GosNIIAS research center on avionics certification processes that would help Russian-made aerospace products to be presented on the international market at a time when internal consumption is slowing down amid the economic situation.

Thomas Kallman, head of US exhibition company Kallman Worldwide, told Sputnik that the US pavilion at Russia’s MAKS air show could bring Moscow and Washington closer.

"The idea of the US pavilion itself is not to sell products but to sell relationships. I'm here to prove, to send an example that we can do business together," Kallman said.

The head of Kallman Worldwide, along with representatives of Bombardier aerospace and transportation giant and Canada Eurasia Russia Business Association (CERBA) noted the high level of expertise and the strength of Russia’s aerospace research and development (R&D) sector.

Speaking of the ruble devaluation and the economic crisis in Russia, representative of DEPICON, an EU aviation firm, said that "in time of crisis it is always best to start," commenting on the presentation of a new European aerospace product in the country.

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