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Mar 17, 2009 (newstodate): In response to the current global economic turmoil and its effect on the Russian economy, all new airport projects will be frozen.
Russia's minister of transportation has announced an immediate halt to all new project from the start of 2009, and no new project will be launched until the crisis has receded.
Still, all projects already in process will be commpleted as planned.
The decision to halt new projects will also hit plans for implementation of a new national ATM system, sources say.
Russia's minister of transportation has announced an immediate halt to all new project from the start of 2009, and no new project will be launched until the crisis has receded.
Still, all projects already in process will be commpleted as planned.
The decision to halt new projects will also hit plans for implementation of a new national ATM system, sources say.