{"id":132516,"date":"2022-10-18T19:30:00","date_gmt":"2022-10-18T19:30:00","guid":{"rendered":"https:\/?p=132516"},"modified":"2022-10-18T23:30:20","modified_gmt":"2022-10-18T23:30:20","slug":"russia-sets-23-billion-aside-to-replace-boeing-and-airbus-aircraft","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/10\/russia-sets-23-billion-aside-to-replace-boeing-and-airbus-aircraft.html","title":{"rendered":"Russia sets $23 billion aside to replace Boeing and Airbus aircraft"},"content":{"rendered":"\n

Russia <\/strong>plans to set aside 1.4 trillion roubles ($22.7 billion) from its sovereign wealth fund to replace foreign aircraft with domestic models, as Western sanctions make it hard to get spare parts to fix foreign planes.<\/p>\n\n\n\n

Aircraft leasing companies will be given money to replace Boeing and Airbus airliners with new Russian-built planes, including Sukhoi\u2019s Superjet New and Irkut\u2019s MS-21, Reuters reported.<\/p>\n\n\n\n

\u2192 Russia loses its seat on the ICAO Permanent Council.<\/a><\/em><\/strong><\/p>\n\n\n\n

\u201cOur aircraft manufacturers will be guaranteed demand for leasing, which will then be used for our domestic airlines,\u201d Finance Minister Anton Siluanov said at a budget committee meeting on Monday in parliament\u2019s lower house, the Duma.<\/p>\n\n\n\n

Russia\u2019s aviation industry aims to produce 1,000 airliners by 2030 in a bid to end its reliance on Western aircraft, state-owned conglomerate Rostec said in September.<\/p>\n\n\n\n

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