Robert Besser
02 Oct 2022, 15:56 GMT+10
MOSCOW, Russia: Russia's state-owned engineering firm Rostec has said that the country's aviation industry will continue operating without the West, by ending its reliance on Boeing and Airbus and using locally manufactured parts to assemble 1,000 airliners by 2030.
The statement by Rostec, a large corporation that includes Russia's only manufacturer of civil aircraft, is the sign of a potentially permanent break by the country's aviation sector from the West.
In response to Moscow's invasion of Ukraine, western sanctions, the most severe in modern history, have forced the largest change on Russia's economy since the end of the Soviet Union from 1989 to 1991.
As foreign aircraft, mainly from Boeing and Airbus, account for 95 percent of flights by Russian airlines, the sanctions have led to a lack of spare parts.
In August, Reuters reported that Russian airlines, including state carrier Aeroflot, were stripping jetliners to secure spare parts.
Rostec, headed by Sergei Chemezov, a close ally of President Valdimir Putin, considers the situation to be an opportunity to create a self-reliant local aviation industry.
In a statement to Reuters, Rostec said, "Foreign aircraft will drop out of the fleet. We believe that this process is irreversible and Boeing and Airbus planes will never be delivered to Russia."
However, aerospace analyst Richard Aboulafia, managing director of U.S.-based AeroDynamic Advisory, said the target of building 1,000 airliners by 2030 is "basically impossible," as quoted by Reuters.
"Even when they could get semiconductors and other vital components from the West, they were having a very hard time producing more than a handful of jets," he added.
According to the Russian government's aviation industry's development plan to 2030, published in June, Russia plans to produce 20 fully import-substituted regional jets, known as "Superjet-New," per year from 2024, as well as 72 new medium-haul MS-21 from 2029.
"We do not expect sanctions to be eased and we are building our plans based on the existing tough scenario," Rostec said.
Get a daily dose of Poland Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Poland Sun.
More InformationDUBLIN, Ireland: Ireland's national weather service, Met Eireann, has warned that 'snow is possible' for Ireland in the upcoming days, ...
AMSTERDAM, the Netherlands: As European carmakers aim to produce more cost-effective batteries and more affordable electric vehicles (EV), Stellantis and ...
© Provided by Xinhua by Burak AkinciANKARA, Nov. 28 (Xinhua) -- Türkiye and Iran, two regional powers in the Middle ...
Deputy Foreign Minister Sergey Ryabkov accused Washington of supporting a change of leadership in the countryThe US is increasingly focused ...
Russophobia, racism and other forms of neo-Nazism have become the official ideology of Western elites, the president has claimedThe official ...
Coup leaders have claimed that the relevant legislation was passed without considering its negative consequencesNiger's military government announced on Monday ...
LIVINGSTON, Kentucky: This week, railroad operator CSX said a train derailment involving 16 cars, two of which spilled molten sulfur ...
Fifty-seven journalists have been killed as of Saturday as a result of Israel's war on Gaza, which has extended to ...
TEL AVIV, Israel - Following Taoiseach Leo Varadkar's statement on Emily Hand's release, Israel's foreign minister says he summoned the ...
WASHINGTON D.C.: The White House says U.S. authorities have foiled a plot to kill a Sikh separatist in the U.S., ...
BANGKOK, Thailand: In response to heightened Chinese activity in the South China Sea, the United States and the Philippines have ...
BEIRUT, Nov. 25 (Xinhua) -- The United Nations Interim Force in Lebanon (UNIFIL) said in a statement on Saturday that ...