Russia’s Ministry of Industry and Trade will invest RUB24 billion ($708.6 million) in the Sukhoi Civil Aircraft Co. Sukhoi Superjet 100 (SSJ100) program in 2014 to 2019. ITAR-TASS news agency quoted a draft of the upgraded state program for the development of the aircraft industry for 2013-2025. According to the document, the state will spend the following amounts: RUB1.25 billion in 2014; RUB1 billion in 2015; RUB1.8 billion in 2016; and nearly RUB400 million in 2017 and 2018. From ...

Subscribe to Access this Entire Article

"Russia to invest $708 million in SSJ100 through 2019" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.