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Putin instructed to increase support for regional aviation

Putin instructed to increase support for regional aviation
Photo by: kremlin.ru

Vladimir Putin at a meeting on supporting the aviation industry and air transportation announced the need to increase support for regional aviation in the context of coronavirus restrictions. He asked the government to consider increasing the subsidy program.

“In addition, we need to tweak this mechanism, to ensure that priority is given to those routes where Russian aircraft are operated,” the president said.

Putin also instructed to launch a new leasing support program for Russian aircraft. To this end, for 2020-2021, leasing companies will be provided with state guarantees and subsidies to reduce the cost of flight hours of domestic aircraft. According to the president, such a program will ensure the release of 59 new civilian aircraft in the first two years.

Putin asked to make the mechanism of subsidizing leasing easier and more efficient for carriers and aircraft manufacturers. He proposed to tie the receipt of payments to the purchase of a particular side.

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