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Russia and China: joint-venture for new long-range aircraft

Beijing, China - Beijing is putting the money upfront, while Russia is supplying the know-how

"Vedomosti" published today some declarations by Russia's United Aviation Corp and China's Commerical Aircraft Corp about a joint-venture which aims to develop and produce a new long-haul aircraft based on the airframe of the Ilyushin Il-96 aircraft. The agreement is going to be sealed during Vladimir Putin's visit to China next month. The joint-venture headquarters will be in China, that will fund...

AVIONEWS - World Aeronautical Press Agency - 1141518

AVIONEWS - World Aeronautical Press Agency
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