BackRuag optimistic about partnership with HAL
Ruag optimistic about partnership with HAL
Premium
PTI
Berlin: After signing a deal with India’s Hindustan Aeronautics Limited (HAL) for manufacturing a new generation of Dornier-228 aircraft, Swiss aerospace company Ruag has expressed optimism about the partnership, describing it as a “milestone" in their cooperation.
Ruag Aerospace company’s managing director Wolfgang Neumann has hailed his company’s new collaboration with the HAL to produce a new generation of 19-seat Do228 aircraft in Oberpfaffenhofen near Munich as a “milestone" in the cooperation between the two companies and as a breakthrough for the HAL in Europe.
In an interview to PTI, Neumann said he was quite optimistic about a successful collaboration between the HAL and Ruag Aerospace in re-starting the production of one of the world’s most proven multi-purpose aircraft in operation.
Under a $123 million joint venture agreement signed by the two companies at the recent International Aerospace Exhibition (ILA) in Berlin, the HAL would supply the first three sets of components for the new aircraft - the fuselage, wings and the tail units - for its initial phase.
Neumann said the production of Dornier 228 new generation would start soon in Oberpfaffenhofen and the HAL’s involvement would be stepped in the coming years by adding new components to the assembly line. The agreement signed in Berlin is part of a ten-year contract.
Neumann said he would not rule out the possibility that sometime in the future the new Do228 would be manufactured completely by the HAL either in India or in Germany. The HAL has considerable experience in manufacturing the original Dornier 228 aircraft and it has excellent manufacturing and servicing facilities in India.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
