Voronezh Aircraft Production Association
51°38′N 39°15′E / 51.633°N 39.250°E
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| Company type | Open joint-stock company |
|---|---|
| Industry | Aircraft |
| Founded | March 1, 1932 Voronezh, Soviet Union |
| Headquarters | Tsiolkovsky 27, Voronezh , |
Key people | General manager: Dmitry Prishvin |
| Products | Airplanes |
| Revenue | 6,670,500,000 Russian ruble (2017)  |
| −246,391,000 Russian ruble (2017) | |
| −1,471,689,000 Russian ruble (2017) | |
| Total assets | 36,740,968,000 Russian ruble (2017) |
Number of employees | 5,853 (June 2013) |
| Parent | UAC[1] |
| Website | vaso.ru |
Voronezh Aircraft Production Association[a] (VASO in English, ВАСО in Russian, Воронежское акционерное самолётостроительное общество, literally Society of Voronezh Joint-Ownership Aircraft Builders) is one of the largest aircraft production plants in Russia.
History[edit]
Founded in 1932 in Voronezh (as Voronezh Aviation Plant, branch registry number 18). In 2007, VASO became part of the state-owned United Aircraft Corporation (UAC). Notable planes built here are the An-148 (never was commercially built, failed), Tu-28 (until 1970), Tu-144 (16 were made in 1967-1983), Il-86 (built until the end of the USSR), Il-96 (still in production with less than 1 unit per year), Il-28 (production ended in 1970), ANT-25 (pre-WWII plane), TB-3 (WWII plane), Il-2 (WWII plane), Tu-16 (built in the middle of the 20th century, retired in the late USSR years) and some others.
In July 2009, UAC said it will invest 5 billion rubles ($162 mln) in the modernization of VASO's facilities. According to UAC, VASO will build 5 An-148 passenger aircraft in 2009, 18 in 2010, 36 in 2011, and 50 planes would be made annually from 2013 onwards.[citation needed]
Between 2008 and 2015, it produced some parts for an Airbus A320 and the A380.[citation needed]
In 1993, the aircraft plant started to develop two new updates to old Soviet models, the wide-body aircraft Il-96-400M and Il-112V. However, the yearly revenue of the plant is lower than the average price of one wide-body airliner.[citation needed]
VASO Airlines[edit]
For a short period, the company operated a charter airline sub-division, naming it VASO Airlines. Established in 1999, VASO folded in 2006.[2]
Ownership structure[edit]
- JSC “Ilyushin Interstate Aircraft-Building Company” (30.0% of the shares)
- JSC “Ilyushin Aviation Complex” (27.1% of the shares)
- Private shareholders (42.9% of the shares)[3]
Notes[edit]
References[edit]
- ^ "Список аффилированных лиц". e-disclosure.ru. Retrieved 26 August 2017.
- ^ https://airlinehistory.co.uk/airline/vaso-airlines/
- ^ "JSC "Voronezh Aircraft Manufacturing Company"". United Aircraft Corporation. Retrieved 2009-07-28.