Fairline Yachts launches first boat of Russian era

Motorboat & Yachting: The first Fairline model completed under new Russian ownership rolled out of the Oundle factory this week.

 

Fairline Yachts is celebrating after the first model rolled off the production line today, a Fairline Targa 48GT model which was sold by Fairline’s primary brokerage firm Bates Wharf.

Fairline Yachts was bought out of administration by UK-based Russian investors Alexander Volvo and Igor Glyanenko on 25 January 2016.

The new company has resumed production and completed the first of the handful of models left unfinished only six weeks after by previous owners Wessex Bristol when Fairline Boats was placed into administration in December last year.

“This is a significant occasion and one we want to celebrate. We are delivering on our promise to complete all orders for boats received by the previous owners”, said Russell Currie, managing director at Fairline Yachts.

See article at Motorboat & Yachting

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