INDUSTRY TEAMINGS
15 Jan 08. Alenia Aeronautica and Sukhoi express full satisfaction for the Kremlin’s go-ahead to SCAC’s 25% + one share acquisition by Alenia
Alenia Aeronautica, a Finmeccanica Company, and Sukhoi express full satisfaction for the President Vladimir Putin’s decree which gives the green light to the acquisition by Alenia Aeronautica of 25% + one share of SCAC, Sukhoi Civil Aircraft Company, the Russian company responsible for the design, development and production of the new regional jet Sukhoi Superjet 100. Thanks to this ad-hoc presidential decree, it is possible for Alenia to complete the legal procedures to result in the acquisition of 25%+1 share in Sukhoi Civil Aircraft Company. The 25% plus one share participation in SCAC will allow Alenia Aeronautica to appoint non-Russian citizens for the Company’s Board of Directors.