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breakingnews
15.06.2009, 08:50
The world’s largest air show takes off in Paris under a cloud of economic gloom for the airline industry, but Russia still hopes to strike deals on its first post-soviet era passenger plane, the Sukhoi Superjet 100.
24.10.2008, 10:05
Preliminary tests have been passed by a new generation of Russian passenger plane, the Sukhoi Superjet-100. The aviation project, costing around $US 1.4 billion, is to help overhaul Russia's ageing passenger aircraft fleet.
16.05.2009, 10:21
7 comments
The fastest train in Russia is almost ready to welcome its first passengers. The high tech monster can travel at up to 300 km/h and will cut more than an hour off journey times between Moscow and St. Petersburg.
18.12.2009, 18:10
6 comments
Alexander Lebedev, a Russian businessman and the owner of the London Evening Standard, is reportedly in advanced talks over the purchase of the British daily The Independent and its stablemate Independent on Sunday.
07.07.2010, 21:47
1 comment
Software giant Microsoft has agreed to give the Federal Security Service access to the source codes for its latest products.
09.11.2009, 11:41
Five ice-breaking vessels will start cruising the River Moskva in the Russian capital from mid-November. Thus navigation, which now lasts only from April to October, will be possible all year round.
11.10.2010, 18:45
29 comments
Russia can learn from Americans how to tackle corruption and turn new products into money, President Medvedev has said at a meeting with the US businessmen delegation led by Californian governor Schwarzenegger.
09.02.2010, 21:24
15 comments
France has agreed to sell the Mistral helicopter carrier to Russia. The Russian Navy also has its eyes on three more similar vessels in the future.
15.11.2009, 17:52
9 comments
Iran says it could soon have the technology to produce its own missile defense system. A senior Iranian lawmaker explained that Tehran may go it alone if Russia fails to provide it with air defense missiles.
22.10.2009, 14:07
8 comments
The standing contract between Moscow and Tehran on delivery of the long-range air defense system “S-300” has been frozen, according to a source in the Russian arms trade. Experts are split over the damage this may cause.
Published: 16 June, 2009, 16:20
Sukhoi has signed two contracts on the civil airliner Superjet-100 for a total of 54 planes at the Le Bourget air show. Earlier the manufacturer reported it had about 100 aircraft in its order book.
Certainly good news, as this airliner has possibilities, however, like all aircraft projects, it will struggle, unless there is big money behind it. There is no doubt that we need to build back our civil aircraft capabilities, and this aircraft appears to have a sound business case behind it. So I would like to see a big interest in domestic terms, for this aircraft and future ones, to cement our civil aviation future. To this end it would be great to see these aircraft deploying on suitable domestic routes in Russia, we all know these routes need new aircraft. Therefore why doesn't the governement act as an enabler to get more of them into the domestic market. They could act as a finacier on low interest rates to secure plane for plane finace, so as to swell the order books. This would work, by providing finace for one aircraft domestically, when an order is secured with a non financed order, with an external customer. The factory could then supply this Russian government financed aircraft to a Russian operator without risk and without competing with the external customer. This would double the present order book overnight. It would be a mix of private and public finance for growth of the industry and improving safety, comfort and environmental factors in Russia.