Aerospace

Russia to invest $14.5B to boost home-grown jet production.

By the end of 2030, Russia will invest 770 billion rubles ($14.5 billion) to strengthen its aviation sector in an effort to increase domestic aircraft production, according to a report from the Russian state news agency TASS on June 27, 2022.Russian Prime Minister Mikhail Mishustin stated during a meeting with his deputies that of the 770 billion rubles, 150 billion (US$2.8 billion) will be allocated to the nation’s air transport industry by the end of 2022.

To build the effective infrastructure that the sector needs, a lot of effort needs to be done, according to Mishustin. By 2030, “Russian airlines fleet should contain 81 percent domestically made aircraft. “The news comes just one week after Russian Minister of Trade and Industry Denis Manturov announced that Russia will produce more than 1000 local airliners by 2030.

The aviation firms demonstrated their ability to meet the needs of civil aviation by 2030 while replacing foreign-made components with Russian-made ones and updating the manufacturing process where appropriate, Manturov added.

As a result of sanctions put in place by the West in response to Russia’s full-scale invasion of Ukraine, the Russian aviation industry has suffered. Russian planes are no longer permitted to travel to locations in Europe, the United States, Canada, and other countries. Following Russia’s invasion of Ukraine, Boeing, Airbus, Embraer, and Bombardier have also stopped working with Russian airlines.

Source

Aerospace

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

During our visit to Aero India 2019, we had the unexpected opportunity to see Ratan Tata at the event, which was a thrilling moment for us. However, there was a surprising hiccup when the security staff didn’t allow him to enter due to a lack of a security pass.

Despite this, he remained calm and patiently waited for about 20 minutes until a member of the Tata team brought him the required pass, after which he calmly proceeded inside. It was a humbling sight, showcasing his composed demeanor even in such situations.

Ratan Tata ji is not only a renowned industrialist but also a trained pilot, holding a pilot’s license. In 2007, he became the first Indian civilian to fly the F-16 Falcon during the Aero India show in Bangalore—a proud moment for the nation.

His passion for aviation extended beyond flying, as he played a key role in shaping India’s aerospace industry. Under his leadership, Tata ventured into manufacturing and maintaining aerospace components while upholding its legacy of quality. Notably, Tata’s collaboration with Airbus to develop and manufacture the C295 aircraft is a testament to its growing influence in the sector.