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UAC's Major Aircraft Deals Amid Declining Russian Oil Imports

1/28/2026

25 5 Full Breakdown

Summary

Story summary

At Wings India 2026 in Hyderabad, United Aircraft Corporation (UAC) signed a contract with Flamingo Aerospace to supply six Il-114-300 aircraft.
United Aircraft Corporation (UAC) and Hindustan Aeronautics Limited (HAL) formed a joint venture to manufacture Sukhoi SJ-100 superjets in India.
India's oil imports from Russia are declining, dropping from 1.8 to 1.3 million barrels per day as the country diversifies sources and faces U.S. pressure.

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Story summary

At Wings India 2026 in Hyderabad, United Aircraft Corporation (UAC) signed a contract with Flamingo Aerospace to supply six Il-114-300 aircraft.
United Aircraft Corporation (UAC) and Hindustan Aeronautics Limited (HAL) formed a joint venture to manufacture Sukhoi SJ-100 superjets in India.
India's oil imports from Russia are declining, dropping from 1.8 to 1.3 million barrels per day as the country diversifies sources and faces U.S. pressure.