Russian engine manufacturer UEC-Saturn, a member of United Engine Corp., reported a 2016 net profit of RUB618 million ($10.2 million) reversed from a RUB2.3 billion net loss in 2015. Full-year revenue was RUB32.3 billion, up 34.2% year-over-year. The financial results were approved at the annual shareholders meeting June 30 and published July 5. PowerJet, a 50/50 joint venture of UEC-Saturn and French Snecma, delivered 54 SaM146 engines (including six spare engines) for SSJ100 aircraft. ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.