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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.
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Boeing Corporation to continue cooperation with Uzbekistan
Boeing Corporation is ready to continue the mutually beneficial and fruitful cooperation with the Uzbek partners, president of the company "Boeing Commercial Airplanes', vice-president of the corporation "Boeing" Raymond Conner said on Wednesday at a reception of the President of Uzbekistan Islam Karimov.
President Karimov said that the company "Boeing" is a reliable long term partner of Uzbekistan in the supply, operation and maintenance of modern passenger aircraft, national news agency of Uzbekistan (UzA) reported.
Currently, the national airline "Uzbekistan Airways" operates 15 "Boeing" aircrafts, which provide more than half of all airline traffic, including extra-long routes in the United States and Japan.
In 2016 is scheduled delivery of two aircraft "Boeing 787-800 Dreamliner" with engines GENX-1B64. It is going joint work on the preparation and qualification of flight personnel of the national carrier. It is implementing projects to suppling with exercise equipment training center NAC, as well as the creation of a regional center in Tashkent on repair of large composite elements of aircraft, based on aviation company Uzbekistan Airways Technics.
The contract with Boeing to buy four Boeing-767-300ER and two Boeing-787-800 Dreamliner aircraft as well as a contract with Airbus Industrie for the purchase of ten A-320-200 aircraft was signed in 2007-2008. The total contract value amounts to $1.027 billion, including the cost of the contract with Boeing - $577.5 million.
The first two of four Boeing 767-300ER aircraft, an order for which was placed by the airline in 2008, were received in February 2012. The third one was received in May this year. The fourth one was received in July this year.
In December 2011, a contract was completed for the supply of 10 A-320-200 aircraft purchased from Airbus Industrie.
Funding for the purchase of new equipment is provided by the airline (10 percent of all aircraft) as well as loans from the Fund for Reconstruction and Development of Uzbekistan (50 percent) and foreign banks (40 percent).
Uzbekistan Airways NAC is the monopoly air carrier in Uzbekistan, wholly owned by the state. Uzbek airline operates flights to 21 cities in Europe, America, Middle East, Asia and in 22 of the CIS countries and in 11 directions on local airlines.
In 2012, the airline increased the transportation of passengers by 13.5 percent to 2.636 million passengers compared to 2011, whereas freight volumes fell by 17 percent to 40,000 tons.
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OPPENHEIMER & CO. - Oppenheimer & Co. has more than a 100-year history as one of the premier Wall Street investment banks. It is public company listed on NYSE under “OPY”. Headquartered in New York, Oppenheimer has global offices in London, Hong Kong, Tel Aviv and Geneva.
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