The Russian government plans to invest RUB20.4 billion ($350 million) in Ilyushin Il-114-300 aircraft and RUB17.2 billion in long-haul, widebody Il-96-400 aircraft in 2018-2019. The investments were disclosed by Deputy Prime Minister Dmitry Rogozin at the first meeting of the newly created government aviation board March 6. Last year, the government allocated RUB52 billion to develop the Russian aircraft industry. Of this sum, RUB31.9 billion went to research and advanced development. ...

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