Sukhoi Rescue Approved

摘要

Russian president Vladimir Putin has officially approved a bailout plan for the Sukhoi Civil Aircraft Company (SCAC). The manufacturer, which builds the Superjet 100 regional aircraft, is currently $2.1 billion in the red but, under the recovery plan, is expected to break even by 2015. One of its largest debts is the almost $600 million owed to Vnesheconombank (VEB), though some of this will be exchanged for shares in SCAC's parent firm, Sukhoi Holding Company.