$28bn boost for Russian aviation industry

The Russian aviation industry is to get a $28bn boost to transform it into one of the world’s top three aircraft manufacturers by 2025. Under the terms of the programmer, the government is to invest RUB 714bn of state funds into the production of some 3,000 airplanes and 5,500 helicopters over the next decade, with a further RUB277bn coming from the private sector. The Moscow Times