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Russia splashes $12 billion to keep aviation sector in the air

Russia has handed out more than $12 billion in state subsidies and loans to keep its aviation sector afloat since Western sanctions over Moscow's invasion of Ukraine cut off supplies of key parts and maintenance services, a Reuters analysis shows.
Vladimir Putin Vitaly Savelyev National Wealth Fund United Aircraft Corporation Accounts Chamber Minister Vitaly Savelyev

Russia spends US$12 billion to support aviation industry amid sanctions – Reuters

Russia has provided more than US$12 billion in government subsidies and loans to keep its aviation industry afloat after Western sanctions implemented in response to the invasion of Ukraine halted the supply of key parts and maintenance services.
Russian Federation Vladimir Putin Ministry Of Industry United Aircraft Corporation Accounts Chamber United Aircraft
Source: yahoo.com

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