LONDON: The Polish Ministry of Economy (MoE) announced on 1 April that Airbus had completed its offset obligations for the procurement of Airbus C295M aircraft that were first ordered in 2001.
According to the MoE, the final value of the offset agreement totalled over USD385.7 million, with 75% of the obligations being directed toward the defence sector via direct offset agreements.
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The order was initially valued at USD212 million in 2001, with the final offset value representing a 181% return for the Polish government on the purchase price.
Programmes that were established as part of the Airbus C295M procurement include the creation of a service centre to undertake maintenance, repair, and overhaul (MRO) for the Polish Air Force’s aircraft, and the transfer of technology to help develop PZL-130TC-II Orlik turboprop trainer aircraft.
