Italy's Alenia could clinch deal for stake in Sukhoi by yearend

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Italy's Alenia Aeronautica could conclude its deal to buy a 25%-plus-one-share stake in Sukhoi Civil Aircraft by yearend, the Russian industry and trade minister said in Italy on Thursday.
MOSCOW, October 30 (RIA Novosti) - Italy's Alenia Aeronautica could conclude its deal to buy a 25%-plus-one-share stake in Sukhoi Civil Aircraft by yearend, the Russian industry and trade minister said in Italy on Thursday.

"This will be another important demonstration of the expansion of our investment cooperation, which has become a two-way street," Viktor Khristenko said after talks with Italian Economic Development Minister Claudio Scajola.

Sukhoi Civil Aircraft is a subsidiary of Russian aircraft manufacturer Sukhoi, founded in 2000 to implement Sukhoi's civilian projects.

Khristenko noted that several years ago the two countries started working together on the ambitious project to build a completely new passenger airliner.

The Superjet 100 project is a family of medium-haul passenger aircraft developed by the Sukhoi Design Bureau in cooperation with major U.S. and European aviation corporations.

Sukhoi has said there are at least 100 firm orders for the aircraft, which should complete certification flights in the second half of 2009.

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