300 Tu-334 to be bought

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16 years 1 month

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So finally Tu-334 is going to get a good deal. Really good. :cool:

LITTLE KNOWN FIRM FROM CHEBOKSARY INTENDS TO BUY 300 NEW TU-334 CIVIL AIRPLANES /AVIA.RU/

A little - known company Project-3000 from the Republic of Chuvashia has signed with Kiev's AVANT a contract for the delivery of 20 Tu-334-100 aircraft. There has also been concluded a contract with the Kazan Gorbunov Research and Production Association for the building of 100 aircraft of the same type. Besides the company has signed a Protocol with Ulianovsk's Aviastar JV for the building of another 20 Tu-204-300 aircraft. A month ago Tupolev JSC and Cheboksary's ZAO Uninter-M founded the ZAO Project-300. The new founded company will be engaged in marketing the aircraft, ensuring the serviceability of the aircraft within 3000 flying hours by assuming all operational and maintenance costs.

This needs more clarification, because this aircraft marketing method has not until now been applied in Russia. The project has been supported by major investors such as VNESHTORGBANK and others. A minimum price and maximum profit for a flying hour is guarantied to everybody.

More detailed article about this new project will be made available within the next few days in our website editor column

Tu-334 in flight

http://www.migavia.ru/im/photo/62b.jpg

http://www.migavia.ru/im/photo/60b.jpg

Original post
Profile picture for user Mark L

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Well I hope it will do well, but the Russian industry and economy in general is not doing well at the moment, I can't see it being easy for them.

Profile picture for user Bmused55

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300!! steady on! Who's wet dream is that?!

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16 years 1 month

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300!! steady on! Who's wet dream is that?!

well not a dream and possibly u r not aware that last december Tu-334 entred service ... also there has been an earlier order like 50 from Pulkova airlines if am not wrong. I'll check that one and post later

Also for all u guys ---------- Russia has cleared its international Debt 3 years ahead of its time ------------ this news was flashed in our newschannel ..... if u guys can find any link by searching on the pentagons internet google, yahoo etc etc search engines, please do post the link relating to it ... Tks in advance

Airbus, a monkey's Boeing

hey seems like a new addition to ur signature ..... :D ....does that mean that Airbus does not carry the TAG ....."" Handle with Care"" ..... ;)
Profile picture for user tenthije

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Has Russia really cleared all debts? That's astounding and quite frankly hard to be believe. I don't believe there are many countries without debts. Even the most wealthy of nations have massive debts, just look at the US and Japan for instance but also most (if not all) EU nations.

And where does this number 300 come from? Adding up the numbers in the article gives:
20 x Tu-334-100 Republic of Chuvashia
100 x Tu-334-100 Gorbunov Research and Production Association
------- =
120 x Tu-334-100

An impressive number no doubt. Also does not include earlier orders but from what I remember earlier orders where not that spectacular. So who ordered the other 180+ planes?

Profile picture for user US Agent

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I can't believe that's not a 'typo'...are you sure it's not supposed to be 30 aircraft?

:confused:

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Peter,

I know its hard to believe abt the Russian debt affair ........and I am also fully aware that most people do not even know that Russian economy have been growing in the range of 7% for a couple of yeaes and has been above 5 % for a while now, but it don surprise me as most 'creadible' western media ignores events which shows the world that Russia is not what it was during the mismanaged and corrupt era before Putin.

I posted and my request for the links for the news is coz my searching did not yield any positive results for the same and what mostly came from the pentagons google, yahoo and other was abt the $4.5 billion loan from IMF to russia in 1999.

Abt the Tu-334, yes, it don show the 300, but the news item only says 300.... maybe the airlines intened to but 300 in total....will have to wait till they put more on that.

US Agent,

well i guess its not 30 for sure...as what they have orderd initially is 20 and there is a mention of further 100 in the report..... the report itself is not very clear abt the deal ... but hope it goea ahead good.

Profile picture for user Whiskey Delta

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...and I am also fully aware that most people do not even know that Russian economy have been growing in the range of 7% for a couple of yeaes and has been above 5 % for a while now, but it don surprise me as most 'creadible' western media ignores events which shows the world that Russia is not what it was during the mismanaged and corrupt era before Putin.

But what is the inflation rate in Russia? Looks to be about 11% right now with the chances of it going up even higher which will kill any chance of a strong currency. Growth isn't everything.

http://www.nytimes.com/2005/02/01/business/worldbusiness/01inflation.html

Russia is hurting plain and simple. I also find it hard to believe that there are/will be 300 orders for the Tu-334. Read the following from the above article:

The new founded company will be engaged in marketing the aircraft, ensuring the serviceability of the aircraft within 3000 flying hours by assuming all operational and maintenance costs.

Assuming ALL costs? They aren't selling the jets, they are giving them away and paying to run them for the customer. Desperate times call for desperate measures. Again, Russia is hurting.

Member for

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But what is the inflation rate in Russia? Looks to be about 11% right now with the chances of it going up even higher which will kill any chance of a strong currency. Growth isn't everything.

http://www.nytimes.com/2005/02/01/business/worldbusiness/01inflation.html

Russia is hurting plain and simple. I also find it hard to believe that there are/will be 300 orders for the Tu-334. Read the following from the above article:

Assuming ALL costs? They aren't selling the jets, they are giving them away and paying to run them for the customer. Desperate times call for desperate measures. Again, Russia is hurting.


can u post the article of the NY in full or can u do it in my PM as the link needs registration....

Also, a strong Ruble (against Dollar) is not in the advantage of Russia, but a strong Ruble gives advantage to Russia and thats coz for exporting its goods, the price gets lower than the international brands where as the local inductry still wud be getting a heafty amount .... which in anyway wud not diminish their profit, but only add up to their profits.

abt the numbers, i'd wait till more reports arive.

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Assuming ALL costs? They aren't selling the jets, they are giving them away and paying to run them for the customer. Desperate times call for desperate measures. Again, Russia is hurting.

Actually, that is not such an uncommon thing. The way I read it this company would be a leasing company of sorts. Quite often leasing companies give guarantees for a # of flying hours. The leasing companies know fully well that a new plane will not need (mayor) time undergoing repair. As such the guarantee they offer is not going to cost them fortunes.

Now if they had guaranteed lifetime operational and maintenance costs it would be different. Those are impossible to predict. For "just" 3000 hours though this can be predicted. No doubt the leasing rates are adjusted to cater for these costs.

Recently Airbus did a similar offer to easyJet with their A319s and JetBlue with their A320s. This was for maintenance only though, not operational. Unless that is if you want to include training for pilots and mechanics as operational, in which case part of the operational costs are covered as well.

Looks to be about 11% right now with the chances of it going up even higher which will kill any chance of a strong currency.

And why would a country that wants to export goods internationally want a strong currency? If theymade high end luxury goods then a strong currency wouldn't mean much but a strong currency would kill small industry.

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Recently Airbus did a similar offer to easyJet with their A319s and JetBlue with their A320s. This was for maintenance only though, not operational. Unless that is if you want to include training for pilots and mechanics as operational, in which case part of the operational costs are covered as well.

To a certain extent similar deals are offered to airlines but none that I know of include both MX and operational costs. Also Airbus is a bit more established in the marketplace with a proven track record with their aircraft. Such deals with new airplanes or by a company with limited marketshare isn't going to instill confidence by other airlines to invest in such a product especially when this product is competing directly against the A318, CRJ700/900 and EMB-170/175/190/195.

How do they expect to make any money to sustain their own operation as they build these aircraft that they are giving away?

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And why would a country that wants to export goods internationally want a strong currency? If theymade high end luxury goods then a strong currency wouldn't mean much but a strong currency would kill small industry.

Unfortunately the article I linked to isn't available anymore without registering.

With what appears to be an uncontrollable inflation increase a weak currency isn't going to help the internal economics of the country. There is a good chance that the weak currency is driven by a ballooning trade deficit (we have one of those here in the US). You want a balance of goods in and out but a weak currency restricts imports. There might be a short term gain by having a weak currency but once those products are out of the country the internal economics will struggle.

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Imho it sounds like an leasing firm founded by the manufacturer has ordered 20 planes to lease them. I would not call that a real sale.

The other buyers also semm quite questionable. However if leasing or renting those planes inside Russia with price to pay in rubels it could be a very attractive options for many airlines in Russia to dumb older TU-134s and YAK-42s.

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... also there has been an earlier order like 50 from Pulkova airlines if am not wrong. I'll check that one and post later

No need to checl, I know. Pulkovo have ordered 737s not Tu334s.
This is from source "bob" who is currently doing some work for them which includes aircraft management.

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No need to checl, I know. Pulkovo have ordered 737s not Tu334s.

I can confirm this. An article at avia.ru states the same. Unfortuntaly the full English article is currently not available due to a death link. My knowledge of the Russian language does not go further then "Njet", "Da", "Comrade", "Buran", "Gulag", "Datsja", "Vodka", "Airlinerworldski" and a few plane types. So someone else will have to translate. I only got the short version:

Pulkovo Plans to Start Flying Boeings

Pulkovo, the country's No. 3 airline, is about to join the ranks of a growing number of domestic carriers operating Western jets. more...

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Peter,

I know its hard to believe abt the Russian debt affair ........and I am also fully aware that most people do not even know that Russian economy have been growing in the range of 7% for a couple of yeaes and has been above 5 % for a while now, but it don surprise me as most 'creadible' western media ignores events which shows the world that Russia is not what it was during the mismanaged and corrupt era before Putin.

I posted and my request for the links for the news is coz my searching did not yield any positive results for the same and what mostly came from the pentagons google, yahoo and other was abt the $4.5 billion loan from IMF to russia in 1999.

Abt the Tu-334, yes, it don show the 300, but the news item only says 300.... maybe the airlines intened to but 300 in total....will have to wait till they put more on that.

US Agent,

well i guess its not 30 for sure...as what they have orderd initially is 20 and there is a mention of further 100 in the report..... the report itself is not very clear abt the deal ... but hope it goea ahead good.

Pffft, 300 my arse. As the only one here that's actually BEEN to the Republic of Chuvashia (well probably Arthur too).. it is not exactly a major economic region, nothing on the scale of Tatarstan, Moscow Oblast, etc. Although it's not poor as say Dagestan or Evenkia.. it certainly doesn't have anything going on to warrant 300 aircraft :rolleyes:

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Chuvashia signed on for only 20 airplanes. The other 280 are spread around various operators. 100 for Gorbunov Research and Production Association and Blackcat mentioned that Pulkovo might buy 50. The other planes I do not know of.

Profile picture for user F-18 Hamburger

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Chuvashia signed on for only 20 airplanes. The other 280 are spread around various operators. 100 for Gorbunov Research and Production Association and Blackcat mentioned that Pulkovo might buy 50. The other planes I do not know of.

okay that makes more sense, thanks for clarifying :)