The corporation «VSMPO-AVISMA» will increase titanium production in the face of growing orders in the aircraft and engine industries

But the corporation is no longer working with Boeing and Airbus

Nikolay Melnikov, CEO of the Corporation «VSMPO-AVISMA» (the largest titanium producer in Russia), announced that the company is increasing the volume of orders fulfilled within Russia.

«The markets have remained with us, a little in friendly countries and Russia has given us orders today. Just yesterday an updated production plan was given with an increase in volume», Melnikov said. He also added: «Not only aircraft, but also engines for them, and a large number. Now, design engineers are assembling experimental samples, certifying. Of course, they will still need some improvements, but judging by the program they declared, it's a lot.

Previously, «VSMPO-AVISMA» cooperated with Boeing and Airbus, but as of last year this interaction has discontinued.

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