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TEXTRON LYCOMING/YAKOVLEV DESIGN BUREAU ESTABLISH LONG TERM COLLABORATIVE BUSINESS ALLIANCE

 TEXTRON LYCOMING/YAKOVLEV DESIGN BUREAU ESTABLISH
 LONG TERM COLLABORATIVE BUSINESS ALLIANCE
 FARNBOROUGH AIR SHOW, England, Sept. 10 /PRNewswire/ -- Textron Lycoming (NYSE: TXT) Turbine Engine Division and the Yakovlev Design Bureau have signed a Memorandum of Understanding (MOU), formally establishing a joint collaborative business alliance on the YAK-40TL and YAK-48 programs. The long-term agreement, signed last month in Moscow, brought to fruition months of discussions between officials from the two companies.
 According to Alexander N. Dondukov, Yakovlev's general designer and chairman, "We conducted a comprehensive review of all Western turbofan products. We decided to ally ourselves with Textron Lycoming because of the proven nature of their regional turbofan products. The company's LF500 family of ALF502 derivatives are very suitable fan engines, which are optimized for commercial regional service and proven to be reliable and durable in more than 6 million hours of worldwide commercial regional service."
 David Assard, Textron Lycoming's president said, "Our new business alliance with Yakovlev extends far beyond the initial YAK-40TL re-engining activity and the following-on YAK-48 program. It strategically positions the company as a ground floor entrant in the fledgling commonwealth free market aviation community. It also creates the unique opportunity for Yakovlev to access and interface with the broad-based aerospace divisions within the Textron Inc. conglomerate of companies. This access to western technology, combined with Yakovlev's outstanding aircraft design and development technology, and their close association with the Saratov and Smolensk manufacturing facilities, positions them to capitalize on the enormous emerging CIS commercial/business aviation marketplace."
 As a first step in their new business collaborative, the companies are moving forward with plans to replace the three AN-25 engines currently powering the YAK-40 regional jet with two Lycoming LF507 turbofans. The YAK-40 is a 27- to 32-passenger regional jetliner specifically designed to fly in and out of smaller airports throughout the Commonwealth of Independent States (CIS) and Eastern Europe where rough and less than optimal landing field conditions exist. Depending upon the needs of airlines in the Russian Federation, all or a potion of the current YAK-40 fleet could be candidates for the LF507 engine upgrade program.
 As proposed, the follow-on YAK-48 project is a wide body, executive business aircraft. With minor modifications, the YAK-48 can be reconfigured to serve as a commercial regional jet transport. The YAK- 48 combines Yakovlev's great achievements in aerodynamics and aerospace technology with advanced LF500 family turbofan engines and western avionics.
 Textron Lycoming Turbine Engine Division located in Stratford, Conn., the USA, is a subsidiary of Textron Inc., a multi industry company with operations in three business categories: Aerospace Technology, Commercial Products and Financial and Other Services.
 -0- 9/10/92
 /CONTACT: William McDaniel or Louis P. Savenelli of Textron Lycoming, 203-385-1581/
 (TXT) CO: Textron Lycoming Turbine Engine Division; Textron Inc. ST: Connecticut IN: ARO SU: JVN


AH-LR -- NY033 -- 7939 09/10/92 10:56 EDT
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Publication:PR Newswire
Date:Sep 10, 1992
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