UAC To Exit Superjet 100, Investors Eye UAE Production Plant

https://www.ainonline.com/aviation-news/air-transport/2023-02-28/uac-exit-superjet-100-investors-eye-uae-production-plant 

Russia's United Aircraft Corporation (UAC) will sell its entire 49 percent stake in Venice, Italy-based SuperJet International (SJI) to the UAE's Markab Capital Investments as part of an agreement that will result in UAC exiting the Superjet 100 program. The deal will see the Russian conglomerate transfer design and production authority to SJI in Venice while SJI establishes a new production plant in Al Ain in the UAE.