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Russia aims to be third largest aircraft industry by 2025-1

Russia's strategic goal is to become the third largest producer of passenger and transport aircraft, and increase its global market share from 1% to 10-12% by 2025, Russia's first deputy prime minister said Wednesday.

"The strategic goal of our [national] aircraft industry is to occupy third place in the world in terms of production of passenger and transport aircraft, which is 10-12% of the market," Sergei Ivanov said. Achieving the goal of increasing aircraft production, he added, will "require a significant amount of effort and technical upgrading of production capacity." (