Russia gives $1.9 billion to United Aircraft Corp. for SSJ100 program

摘要

The Russian government will give RUB100 billion ($1.9 billion) to United Aircraft Corp. (UAC) this year for the Sukhoi Superjet 100 (SSJ100) program. The State Duma recently passed the 2015 state budget amendments, which stipulate the corporation will get a capital boost from the government via issuing additional shares. Previously, Russia's Minister of Industry and Trade Denis Manturov said the SSJ100 manufacturer will promote its business version on Asia-Pacific market. In January, the Russian aircraft manufacturing conglomerate reshuffled its leadership positions. UAC president Mikhail Pogosyan resigned a year earlier than his contract specified, which was originally February 2016. He had been criticized due to problems marketing the Sukhoi Superjet 100 (SSJ100). Deputy Minister of Industry and Trade Yury Slusar was appointed as the new president.