Russia To Retain Control Of MiG | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Sun, Aug 24, 2003

Russia To Retain Control Of MiG

Scheduled Privatization Won't Happen As Advertised

The Russian government said Friday it will not go forward with privatizing one of its most cherished defense resources -- MiG.  The Moscow-based aerospace giant is -- or was -- on a list of more than a thousand Russian state enterprises slated for privatization in 2004. Just Thursday, the government confirmed that by including MiG in an internet list of companies set to break free of government ownership. But a spokesman for the government says there's a catch.  Alexei Gorshkov says, while MiG will indeed become incorporated, 100 percent of its stock will be owned by the government.

"We are not talking about the sale of a package of shares of the future joint-stock company MiG," the Interfax News Agency quoted Gorshkov as saying. Gorshkov says MiG has to incorporate if it's to carry out plans to develop a holding company that includes the aviation company, as well as several other operations within the industry. Gorshkov tells Interfax that the holding company will most likely be created in 2005.

FMI: www.gov.ru

Advertisement

More News

ANN's Daily Aero-Linx (06.29.25)

Aero Linx: Transport Canada We are a federal institution, leading the Transport Canada portfolio and working with our partners. Transport Canada is responsible for transportation p>[...]

ANN's Daily Aero-Term (06.29.25): Gross Navigation Error (GNE)

Gross Navigation Error (GNE) A lateral deviation from a cleared track, normally in excess of 25 Nautical Miles (NM). More stringent standards (for example, 10NM in some parts of th>[...]

Classic Aero-TV: Anticipating Futurespace - Blue Origin Visits Airventure 2017

From AirVenture 2017 (YouTube Edition): Flight-Proven Booster On Display At AirVenture… EAA AirVenture Oshkosh is known primarily as a celebration of experimental and amateu>[...]

NTSB Final Report: Cirrus SR22

Aircraft Parachute System (CAPS) Was Deployed About 293 Ft Above Ground Level, Which Was Too Low To Allow For Full Deployment Of The Parachute System Analysis: The day before the a>[...]

Airborne Affordable Flyers 06.26.25: PA18 Upgrades, ‘Delta Force’, Rhinebeck

Also: 48th Annual Air Race Classic, Hot Air Balloon Fire, FAA v Banning 100LL, Complete Remote Pilot The news Piper PA-18 Super Cub owners have been waiting for has finally arrived>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC