Yakovlev Yak-5, Yak-5
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Yakovlev Yak-5, Yak-5
The Joint-stock company, JSC A.S. Yakovlev Design Bureau (russian: ОАО Опытно-конструкторское бюро им. А.С. Яковлева) is a Russian aircraft designer and manufacturer (design office prefix Yak). Its head office is in Aeroport District, Northern Administrative Okrug, Moscow. Overview The bureau formed in 1934 under designer Alexander Sergeyevich Yakovlev as OKB-115 (the design bureau has its own production base at the facility No.115), but dates its birth from 12 May 1927, the day of maiden flight of the Yakovlev AIR-1, AIR-1 aircraft developed within the Department of Light Aircraft of GUAP (Head Agency of Aviation Industry) under the supervision of A.S. Yakovlev. During World War II Yakovlev designed and produced a famed line of fighter aircraft. Irkut (aircraft manufacturer), Irkut acquired Yakovlev in April 2004.
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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