Russian Government to reimburse GA aircraft production expenses

Viscount V100 aircraft prototype Photo by Moscow Aviation Institute

The Russian government is prepared to reimburse aerospace manufacturers up to 100% of their direct operating costs associated with building aircraft seating under 19 passengers with up to 6,600 kg MTOW, reads a draft regulation proposed by the Ministry of Industry and Trade. Public debates of the paper ended on January 14.

The compensation will be allocated twice a year based on the expense reports filed by OEMs. The manufacturers’ ability to use the funds efficiently will be measured by their compliance with the production plan under the government program to develop the aerospace industry through 2025.

Public hearings of the ministry’s other project, which also has to do with general aviation, took place in the beginning of January. The proposed piece of legislation sets rules for government reimbursement of expenses associated with the certification and production of aircraft seating up to 19 passengers and having up to 8,600 kg MTOW. The ministry proposes allocating such funds four times a year and covering up to 100% of the certification costs. As of late 2014, there were over twenty manufacturers in Russia potentially eligible for government support under this project.

The initiative was launched a year ago, and was originally expected to clear the debates stage in April 2015.

 

  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Russian Aviation Insider
Newsletter
Powered by Air Transport Observer, Russia & CIS’ premier information provider on commercial aviation with a 20-year legacy, Russian Aviation Insider provides you with timely and reliable business news, insights and analysis on commercial aviation all around CIS.
Sign up for our free Newsletter and never miss:
  • Airline Business news and analysis
  • Aerospace Industry updates
  • Traffic statistic data and trends
  • Airport, MRO, Leasing and other related businesses
  • Appointments and promotions

Get relevant data from reliable industry sources!

Leave a comment