The Rostekhnologii (Rostec) and Lithuanian Avia Solutions Group have created a joint venture, Ramport Aero, to turn Ramenskoye Airfield into a low-cost carrier (LCC) airport. Avia Solutions Group holds 75% minus one share in the new company and Rostec subsidiary TVK Russia holds 25% plus one share. At the end of 2013, Avia Solutions Group was announced as a partner in the project. In July, the Rostec board approved investments into the project. Total investments for developing the ...

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