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-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

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

Bolen Gives Congress a Rare Thumbs-Up

Aviation Governance Secured...At Least For a While The National Business Aviation Association similarly applauded the passage of the FAA's recent reauthorization, contentedly recou>[...]

The SportPlane Resource Guide RETURNS!!!!

Emphasis On Growing The Future of Aviation Through Concentration on 'AFFORDABLE FLYERS' It's been a number of years since the Latest Edition of Jim Campbell's HUGE SportPlane Resou>[...]

Buying Sprees Continue: Textron eAviation Takes On Amazilia Aerospace

Amazilia Aerospace GmbH, Develops Digital Flight Control, Flight Guidance And Vehicle Management Systems Textron eAviation has acquired substantially all the assets of Amazilia Aer>[...]

Hawker 4000 Bizjets Gain Nav System, Data Link STC

Honeywell's Primus Brings New Tools and Niceties for Hawker Operators Hawker 4000 business jet operators have a new installation on the table, now that the FAA has granted an STC f>[...]

Echodyne Gets BVLOS Waiver for AiRanger Aircraft

Company Celebrates Niche-but-Important Advancement in Industry Standards Echodyne has announced full integration of its proprietary 'EchoFlight' radar into the e American Aerospace>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC