In the first phase SuperJet International will establish a new final assembly line in Al-Ain, which will be completed by mid-2025. Simultaneously, by 2026, SJI will set up in Italy and the United Arab Emirates a new supply chain of components necessary for the full cycle of SSJ100 production. The initial investment in the project is valued by the parties at €200 million and will create 450 highly skilled jobs.
“This collaboration is of great value to us and is another step in building a strong relationship between Italy and the UAE, finally taking shape with aviation programmes. We are grateful for the support received by the Abu Dhabi government through ADIO and for choosing Mark AB to invest in this project,” said SuperJet International CEO Camillo Perfido at the signing ceremony of the Memorandum.
The company also stressed that with the support of the Government of the United Arab Emirates and the acquisition of a 49% stake in SJI by Mark AB Capital Investment Fund, SJI will be a key driver in developing the aviation industry in the UAE by establishing a state-of-the-art facility in Al Ain and transferring specific know-how and technology to it.
Earlier, Mark AB Capital Investment and United Aircraft Corporation signed an agreement under which UAC will transfer to Mark AB a 49% stake in the joint venture, Superjet International, and thereby exit the Superjet 100 regional jet project.
Experts present at the signing ceremony noted the confidence of the UAE representatives in the success of the project and growth of investments in this Middle Eastern country. On the other hand, the prospects for the further, now purely export life of the Superjet 100 are becoming tangible, and we can expect that the four aircraft, which are in limbo in Venice, will resume flights in the near future, possibly to one of the countries in Latin America or the Indian Ocean basin.
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