VSMPO-Avisma Corporation to Increase Titanium Production Amid Growing Orders in Aircraft and Engine Manufacturing

But the corporation no longer works with Boeing and Airbus

Nikolai Melnikov, CEO of VSMPO-Avisma Corporation (Russia's largest titanium producer), announced that the company is increasing the volume of orders fulfilled within Russia.

«We still have markets, a few [in friendly countries] and Russia has given us orders today. Just yesterday, they gave us a revised production plan with an increased volume,» — said Melnikov. He also added: «Not only airplanes, but also engines for them, and a large quantity. Currently, engine designers are assembling prototypes, certifying them. Of course, there will still be some refinements, but, judging by the program that has been announced, it's a lot».

Previously, VSMPO-Avisma cooperated with Boeing and Airbus, but this interaction ceased last year.