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The company’s license was suspended in February following numerous faults and violations.
The US says it is in the public interest to acquire the helicopters needed from the Russian firm.
Russia has already announced plans to build two branches to the United Kingdom.
Baidu is yet to decide whether or not to commercialise the product.
Russian state-run oil company Rosneft will hold a 40 per cent stake in the joint venture.
Qantas say the agreement will give passengers greater access to China's major cities.
China is promoting the public use of its domestic Beidou Navigation Satellite System.
An index has shown that the country's property sector delivered a 15.2 per cent total return last year.
The deal is now awaiting approval from the Russian Antimonopoly Committee.
China's state media has criticised Apple over its customer service and returns policies.
