22 March 2008

Russia's United Aircraft Corp ~ A Hungry-Third Challenger to Airbus & Boeing

President Putin and colleagues in Russia have pulled together famous but disparate assets -- including Tupolev, Beriev, Sukhoi, and Ilyushin to name just a few legendary firms -- to create United Aircraft Corporation (UACRussia), a vertically integrated venture encompassing the bulk of Russia's aircraft industry. This is intended to marshal and concentrate development and marketing resources and become competitive globally. This is very exciting, since I think the world needs a Hungry-Third challenger to the Airbus vs Boeing duopoly.

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