AAR Corp. Intends Ulyanovsk Aircraft Venture
- RIA Novosti
- Jul. 02 2013 00:00
- Last edited 21:06
American defense contractor AAR Corp. has announced that it is exploring the possibility of doing business in Vladimir Lenin's birthplace of Ulyanovsk, rotor.com reported.
Illinois-based AAR announced that it had signed a "letter of intent" for a tentative two-phase commercial aviation project that would, if successful, include an aircraft parts distribution and logistics center and a commercial aircraft maintenance facility to be based in the southern Volga city, which has a history of aircraft manufacturing.
AAR plans to open the first phase in mid-2014 and the second in 2015.