Ronaldo eyes AFC Champions League glory with Al Nassr    Inter Milan advances to Italian Super Cup final with 2-0 victory over Atalanta in Riyadh    Thousands attend vigil in Podgorica for 12 victims of Cetinje shooting rampage    Elon Musk sparks furor over support for British far-right instigator Tommy Robinson    Two dead after small plane crashes into California building    Slovakia threatens to cut benefit for Ukrainians    Meghan announces new Netflix lifestyle show    Saudi trade surplus grows 30% to SR20.76 billion in October 2024    Saudi FM reaffirms support for all initiatives to ensure Syria's security and sovereignty    Courchevel subzone: An enchanting winter fun and adventure experience in Riyadh Boulevard World    NMC: Saudi Arabia witnessed strongest cold wave in 1992 with minus 9.3°C in Hail Temperatures to drop below zero in northern regions in coming days    Saudi Arabia secures $2.5 billion Shariah-compliant revolving credit facility    Al-Nassr sells Seko Fofana to Rennes after loan stint at Al-Ettifaq    HR Ministry: 45% increase in wages of Saudis working in private sector    SFDA warns against using SHTINE bottled water due to high bromate levels    Updated fee for Iqama renewal SR51.75 and reentry visa extension SR103.5 Absher Business introduces 7 fees for establishments    Bahrain and Oman to clash in Khaleeji Zain 26 final after stunning semi-final wins    Crypto fugitive Do Kwon extradited to US over $40bn crash    Angelina Jolie and Brad Pitt reach divorce deal    Philip Morris leverages tech, innovation for smoke-free world    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Putin calls for Russian aviation industry to increase competitiveness
Published in Saudi Press Agency on 10 - 02 - 2005


Russia's ailing aviation industry must boost
its competitiveness on the international market and depend
more on private investment and less on state support,
President Vladimir Putin said Tuesday.
The civilian industry's flagging performance contrasted
sharply with Russia's strong position as a military
aviation exporter, Putin said during a session of his
advisory State Council held Tuesday at the Central
Aerodynamic Institute in Zhukovsky, a town just outside
Moscow.
"It's impossible to depend exclusively on protectionist
measures in the struggle for the market," Putin was quoted
as saying by ITAR-Tass news agency. "It's a sure way
toward the stagnation and lower quality of one of the
high-tech domestic production areas."
The "low attractiveness" and "level of comfort"
offered by Russian airlines cannot compete on the world
market, including in former Soviet republics, Putin was
quoted as saying by Interfax news agency.
Russia once was one of the biggest civilian aircraft
manufacturers, with an annual output of more than 700
aircraft accounting for 25 percent of the world's civilian
fleet. But the aviation industry has declined in recent
years, employing less than a third of its original 1.5
million work force, according to the Industry and Energy
Ministry.
More than 75 percent of Russian planes were inherited from
the Soviet Union, Yuri Koptev, who heads the ministry's
military-industrial department, said last summer. If they
are not replaced, the industry could face a crisis as early
as 2006 or 2007 as aircraft become antiquated.
"Private investments can and should be given access to
the aviation industry," Putin said, according to Interfax,
and he called on aircraft manufacturers to fix their sights
on the world market.


Clic here to read the story from its source.