Aeroflot to set up Airbus training venture with CAE

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Russian flag-carrier Aeroflot is intending to set up a joint venture with the Canadian flight simulator specialist CAE to train air crew and ground engineering personnel for Airbus types.

The airline already operates 63 leased Airbus A320s and eight A330s and is to acquire more Airbus aircraft over the next year.

Sources at the carrier say the planned joint venture will aim to train about 2,000 people per year for Aeroflot and other carriers.

Aeroflot will hold 51% of the enterprise and contribute to its charter capital in the form of land rights and buildings worth Rb522.5 million ($17.8 million). CAE, which will own the rest of equity, is to supply three A320 full-flight simulators and take responsibility for marketing.

Airbus Moscow representative Vadim Vlasov says the airframer is prepared to sponsor the project for $4 million, given the growing need for personnel in the former Soviet states qualified to handle its aircraft types.

He expects the region's combined Airbus fleet to increase from 237 to 387 units over the next five years.