Boeing and VSMOP Avismo consider joint venture

Aviation giant Boeing and Russia's largest titanium producer, VSMPO Avismo, are expected to form a joint venture.

President Putin and Boeing executives are resuming negotiations to supply Aeroflot with more than 20 Boeing 787 dreamliner jets. Boeing also says it plans to spend up to 18 billion U.S. dollars during the next fifteen years on the purchase of Russian titanium products.