Russia Boosts Commercial Aircraft Production With $5B In Subsidies

Aeroflot TU-214

Aeroflot TU-214

Credit: Ivan Batinic / Alamy Stock Photo
The Russian government continues to pour money into the local industry to support production of commercial aircraft intended to replace the Western-made fleets of the country’s airlines. The government decided on Feb. 27 to spend almost RUB377 billion ($5 billion) through 2036 in order to compensate...

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