MarketAero Vodochody
Company Profile

Aero Vodochody

Aero Vodochody is a Czech aircraft company. Its main production facilities are located at Vodochody Airport in the Prague-East District, on the municipal territories of Vodochody and Odolena Voda.

History
Aero Vodochody has been active since its founding in 1919. Between 1929 and 1951, its subsidiary, Aero, manufactured a range of small and medium-sized cars with two-stroke engines, it also briefly produced the Škoda 150 truck between 1946 and 1947 under licence. During the 1950s, Aero Vodochody developed the L-29 Delfin trainer aircraft; it was Czechoslovakia's first indigenously designed jet-powered aircraft. The L-29 is believed to have likely been the biggest aircraft industrial programme to take place across any of the Council for Mutual Economic Assistance (COMECON) countries except for the Soviet Union itself. During the course of the programme, in excess of 3,000 L-29s were produced; of these, around 2,000 were reported to have been delivered to the Soviet Union, where it served as the standard trainer for the Soviet Air Force. Of the others, which included both armed and unarmed models, many aircraft were delivered to the various COMECON countries while others were exported to various overseas nations, including Egypt, Syria, Indonesia, Nigeria and Uganda. The L-39 Albatros was designed during the 1960s as a replacement for the Aero L-29 Delfín as a principal training aircraft. Several specialised variants of the base L-39 design were quickly introduced. In 1972, a purpose-built target tug variant, the L-39V, conducted its initial flight. According to aerospace publication Flight International, roughly 200 L-39s were being sold each year upon the jet trainer market during the late 1980s. During 1996, production of the L-39 was terminated. The L-59 Super Albatros was derived from the L-39, being originally designated as the L-39MS. Aero only produced a handful of L-59s before discontinuing production. Another derivative of the L-39 Albatros was the L-159 Alca, a modernised combat-oriented version. Originally, Aero Vodochody had intended to develop the L-159 in partnership with Elbit, but the Czech Ministry of Defense instead selected Rockwell Collins to partner on the program. During the 2010s, Aero Vodochody was engaged in the manufacture of the L-159 advanced light combat aircraft and the Sikorsky S-76 helicopter. It has also an active presence in the aerostructures sector, producing the center wing box of the Alenia C-27J Spartan airlifter, door subassemblies for the Embraer 170 and Embraer 190 airliners, the cockpit of the Sikorsky UH-60 Black Hawk helicopter, gun bay doors for the Boeing F/A-18E/F Super Hornet fighter, subassemblies and various elements of the Airbus A320 family airliner, and fixed leading edge kits for the Boeing 767 airliner. The company is reportedly likely to upgrade the runway at its Vodochody Airport near Prague to international airport standards, allowing it to better serve the low-cost air carriers and charter flights that service Prague. During July 2014, Aero Vodochody presented the L-39NG (Skyfox) programme at the Farnborough Airshow. By April 2015, a partnership had formed between Aero Vodochody, American defence contractor Draken International and engine manufacturer Williams International to undertake the programme and to properly prepare the L-39NG to compete on the North American market. The L-39NG upgrade program (Stage 1) contains an installation of FJ44-4M engine and optionally the Stage 2 avionics to existing L-39 Albatros. The second phase (Stage 2) represents newly built L-39NG aircraft with the possible use of components from the previous upgrade to Stage 1, once the original airframe reaches the end of its life. The first stage was formally completed om 14 September 2015 with the maiden flight of the L-39NG technology demonstrator (L-39CW). On 20 November 2017, Aero Vodochody announced the completion of development of the L-39CW; on 14 March 2018, they announced that the L-39CW, equipped with both the new engine and the new avionics, had received type certification. The brand new L-39NG aircraft made first flight on December 22, 2018. in September 2020, less than two years later, the aircraft was certified by the Military Aviation Authority of the Ministry of Defence of the Czech Republic. In September 2021, the Aero Vodochody sale transaction was successfully completed. Based on an agreement signed in July 2021, Hungarian company HSC Aerojet Zrt. became the 100 per cent owner of Aero. In HSC Aerojet Zrt., an 80 per cent majority is held by Hungarian businessman Kristóf Szalay-Bobrovniczky and a minority is held by Czech company OMNIPOL a.s. The sale also included Vodochody Airport. In 2022, after becoming Minister of Defence of Hungary, Szalay-Bobrovniczky sold his share to Zsolt Hernádi, chairman and CEO of MOL. In October 2022 Zsolt transferred his share to N7 Holding National Defence Industrial Innovation Ltd In September 2022, some Hungarian oligarchs, namely Zsolt Hernádi, Oszkár Világi, deputy CEO of MOL, György Bacsa, director of MOL Hungary, and Árpád Habony, spin doctor of prime minister Viktor Orbán, were indirect owners. At present 75% of the shares are held by a private company, 4iG, managed by Gellért Jászai ==Aircraft==
tickerdossier.comtickerdossier.substack.com