Heads of state

September 26, 2011 - 7:44am
A spike in accidents prompted calls this summer from Russian president Dmitry

The crash of a chartered Yak-42 regional airliner on September 7 in Yaroslavl, Russia, that left 44 professional hockey players dead has prompted calls from authorities to take additional measures to encourage the country’s airlines to merge into bigger structures and replace aging Soviet airplanes.

April 29, 2011 - 1:00pm

The Russian government intends to combine Sheremetyevo and Vnukovo airports into a single state-owned entity to renovate them and eventually sell them to private operators, according to plans laid out by Prime Minister Vladimir Putin. The Russian government owns 100 percent of Sheremetyevo and 75 percent of Vnukovo, with the remaining quarter (worth approximately $1.5 billion, according to reports) owned by the city of Moscow.

September 3, 2010 - 8:32am
Iran claims its new a jet-powered Karar drone, unveiled by President Mahmoud ...

Iran unveiled a jet-powered UAV that it claimed could deliver two 250-pound bombs to targets beyond 600-miles range. The Karar drone appears to be in the same class as the CL-289 UAV designed and built for reconnaissance by Canadair in the 1980s.

September 30, 2008 - 4:54am

Eclipse Aviation announced on September 23 that the Russian state bank Vnesheconombank (VEB) supervisory board, chaired by Russian prime minister Vladimir Putin, has approved the construction of a factory in Ulyanovsk, Russia, to assemble Eclipse 500s for the European and Russian markets.

July 7, 2008 - 6:25am

French aerospace orders last year remained at record levels but the long-term weakness of the U.S. dollar against the euro continues to erode profit margins and increase pressure on companies to move production away from France. Last year, just ahead of the 2007 Paris Air Show, new French President Nicholas Sarkozy took office on a pledge to address issues undermining the competitiveness of French industry.

October 30, 2006 - 11:26am

A trade accord between Brazilian president Luis Inacio Lula da Silva and Russian president Vladimir Putin reached during Lula’s October visit to Moscow called for, among many other things, an appraisal of a possible co-production deal involving Embraer and Russia’s Aviakor.

 
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