Rostec and AJ Holding set up a helicopter sales JV

Rostec and AJ Holding set up a helicopter sales JV

18-Nov-2021 Source: Russian Helicopters

Russian Helicopters Holding of Rostec State Corporation and the UAE company AJ Holding LLC set up a joint venture Alpha Aviation LLC in the Ajman Free Zone to promote and sell Russian civilian helicopters abroad.

The key market for Alpha Aviation will be the Middle East, where it is expected to sell more than 20 civilian helicopters of various types, including the Ansat, Mi-171A2, Ka-32, and Mi-38 by 2026. The scope of responsibility of the joint venture also includes the organization of service maintenance of Russian helicopters in the region.

“AJ Holding is a reliable partner for the promotion of our civilian products in the Middle East. The joint venture format will allow us to expand our presence in a region that is extremely important for us. The company started operating a few months ago but we can see the results already now: during Dubai Airshow 2021, Alpha Aviation signed a contract for the delivery of two Mi-171A2 helicopters to Peru and an agreement for the delivery of four Ansat helicopters and one Mi-17-1V to the police of Ras al Khaimah”, said Andrey Boginsky, Director General of Russian Helicopters.

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