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Joint Venture and Technology Transfer

From the attached article, what kind of joint venture and what kind of technology transfer do you see happening and what is the future prospects of this joint venture.


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Joint venture and technology transfer

Title: Making An-124s., Air Cargo World
Database: Business Source Complete

Making An-124s
Section: News Updates

Russia's Volga-Dnepr Group plans to restart the production line of the oversized An-124 freighter, in a strong show of confidence in the future of a project air cargo market the airline itself helped create.

The company, which also includes scheduled operator AirBridge Cargo, formed a joint venture with Ukrainian engine manufacturer Motor Sich to produce the An-124. Production of the aircraft was halted in the early 1990s following the collapse of the Soviet Union.

Volga-Dnepr will have a controlling 59 percent stake in the company. Flying Cargo Vehicles. Resuming production of the behemoth freighter will cost about $500 million, with the companies providing ...

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This is the summary and interpretation of an article on joint venture and technology transfer.