newstodate.aero
MAR 31, 2005 (newstodate): Russia is moving fast towards creating a single national aircraft manufacturing company.
All documents required for establishment of the United Aircraft Building Corporation have now been formally passed at a meeting of the commission for defense industry, and the final resolution on the establishment of the Corporation may be passed by the end of April already.
The decision reflects Russia's growing fear of being fully overrun by Western competitors in the aircraft manufacturing business, notably Boeing and Airbus.
All documents required for establishment of the United Aircraft Building Corporation have now been formally passed at a meeting of the commission for defense industry, and the final resolution on the establishment of the Corporation may be passed by the end of April already.
The decision reflects Russia's growing fear of being fully overrun by Western competitors in the aircraft manufacturing business, notably Boeing and Airbus.