Yak-130 Orders to Boost Motor Sich Sales

At the 9th Lima-2007 Aviation Exhibition in Malaysia, the President of Irkut Oleg Demchenko said that they plan to receive orders for more than 150 Yak-130 training jets in the near future, 60 of which for the Ministry of Defense in Russia. Demchenko said that since many countries are renewing their fleet of training aircraft, the market for jets like the Yak-130 will remain strong. Inna Perepelytsya: The Yak-130 is outfitted with Motor Sich (MSICH: BUY) AI-222-25 engines. If Irkut concludes the relevant contracts, it could increase our estimates by USD 100 mln by 2016. We accounted for only modest production of engines for the Yak-130 in our previous revenue forecasts.