RUSSIA has granted US$12 billion in state subsidies and loans to keep its aviation sector afloat in response to Western sanctions over Moscow’s invasion of Ukraine, Reuters reports. Dependent on foreign-made aircraft, Russia faces the daunting task of developing its aviation industry alone with domestically sourced parts, while buying aircraft from foreign lessors to avoid more of its fleet being seized. Western planemakers Airbus and Boeing halted supplies of services and spare parts in March...
https://www.seanews.com.tr/russia-spends-us-12-07-billion-to-boost-aviation-sector/199253/