The court declared bankrupt company, which produced An-140

© RIA Novosti / Ruslan to Krivobokova in fotosensibile An-140 in the sky. Archival photoThe court declared bankrupt company, which produced An-140© RIA Novosti / Ruslan to Krivobokova the image Bank

The arbitration court of the Samara region on Tuesday declared bankrupt Russian-Ukrainian joint venture to produce An-140 aircraft, and has opened concerning it competitive manufacture, according to documents published on the court’s website.

«To recognize the debtor bankrupt and to open bankruptcy proceedings», — stated in the court decision.

Earlier it was reported that one of the participants of the project An-140 Samara plant «Aviacor» in July 2017 has submitted the claim about bankruptcy «the Joint venture international aviation project-140» due to its debt of more than $ 196 million rubles. Claim the company was satisfied. In October 2017 in respect of the SP procedure was introduced observation.

A tripartite agreement on the development of the An-140 program between the administration of Samara region, JSC «Aviacor — aviation plant», Kharkiv state aircraft manufacturing company (KSAMC) was signed in August 2003. Also was signed the agreement between KSAMC and JSC «Aviakor — aircraft factory» the joint venture «map-140». This structure is engaged in the manufacture and sale of planes An-140. Airplanes were produced in Samara.

An-140 — Ukrainian-Russian turboprop regional passenger aircraft developed by ASTC «Antonov». The liner can carry up to 52 passengers at distances up to 2.3 thousand kilometers. The Ukrainian enterprise «Antonov» and «Aviacor», co-produced An-140, but in the summer of 2015 Samara plant stopped the production of aircraft because of the situation in Ukraine.

JSC «Aviacor — aviation plant» — one of the largest Russian aircraft companies. The main activities of the plant are construction, repair, maintenance and supply of spare parts for passenger planes Tu-154M and An-140. Aviation scientific-technical complex named after O. K. Antonov aircraft building concern of Ukraine. The company was developed about 100 types of aircraft.