Third Coast Aviation was excited to see this press release issued on August 29, 2019 – exciting news for another aircraft being introduced into the American general aviation market!
Today, UAC (United Aircraft Corporation) and Aviation Engineering Zrt., subsidiary of Magnus Aircraft Zrt., have signed a cooperative agreement at the 14th International Aeronautical Exhibition, MAKS.Magnus Aircraft press release from August 29, 2019
Under the terms of contract, UAC has transferred the manufacturing and sales rights of the Il-103 type aircraft to Magnus Aircraft. The agreement provides not only for manufacturing and sales, but also for further long-term joint development, such as the modernization of the Il-103 and the development, production and sale of other types of aircraft in the long-term plan.
The Russian United Aircraft Corporation manufactures and markets all types of Mikoyan, Sukhoi, Yakovlev, Tupolev, and Ilyushin aircraft. The aerospace giant was formed in 2006 as a result of the merge of several huge aerospace companies, including Ilyushin, Mikoyan, and Sukhoi for the development and unification of the Russian aerospace industry.
The IL-103 was developed in the 1990s by the Ilyushin Design Bureau, which was later the first Russian aircraft to achieve FAA certification in 1998. The robust 4seater is safe and comfortable in extreme conditions as well, designed especially for everyday use.
Under the contract Magnus Aircraft, which has been developing, manufacturing and selling composite two-seater recreational and training aircraft, manufactures and sells the IL-103 aircraft exclusively worldwide from now on. The contract is also a huge opportunity for the Hungarian company to export its composite elements and the Fusion product line to Russia.
From the Russian side Mr Yury SLYUSAR, General Director of UAC, and Yuri GRUDININ, General Director of Ilyushin were present on the ceremony. László BOROS, President of Aviation Engineering Zrt., Róbert HORVÁTH, CEO of Aviation Engineering Zrt., István FÁBIÁN, Project Manager of Magnus Aircraft Zrt., Georgij KAKTUS, Owner of Aviation Engineering Zrt., and Gábor FÁBIÁN as Key Account Manager and Test Pilot of Magnus Aircraft Zrt. were representing the Hungarian side.
Magnus Aircraft’s mission statement is bold – “The mission of Magnus is to provide an aircraft choice that – in relation to flight performance, fuel consumption and flight security – exceeds the current models, and has a highly environmentally friendly design.” With their introduction of the Fusion 212 into the U.S. general aviation marketplace for Light Sport Aircraft (‘LSA‘), this news release shows that they have a plan for the future.
About Third Coast Aviation
Providing a clear path for students transitioning to an aviation career through financing, competent & safe flight training, affordable aircraft, and access to jobs after training.TCA mission statement
Founded in January 2017, Third Coast Aviation (‘TCA‘) is a Texas Gulf Coast aviation company providing Part 61 flight training, aircraft acquisition, sales, and management services. Our seasoned Certified Flight Instructors (CFI, CFII, and MEI) deliver flight training from Discovery Flights to Private Pilot License (PPL), Commercial Pilots License (CPL), CFI and beyond. Our admissions professionals help individuals transition into professional careers through our partnerships with regional air carriers such as GoJet Airlines Inc.; our business-to-business (‘B2B’) clientele provide explosive growth opportunity and longevity for our staff of Certified Flight Instructors (‘CFI’), maintenance professionals, and an exhilarating place for our students to learn!
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