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Beef recall announced over E. coli fears
MOSCOW, Nov. 23 (UPI) -- Russian Prime Minister Dmitry Medvedev, speaking at a government meeting in Moscow, urged a streamlining and increase in civil aviation production.
Medvedev said airlines need about 1,300 new aircraft by 2020 and noted the average age of Russian civil aircraft is 17 years, the Russian news agency RIA Novosti reported Friday.
He reminded listeners of the rapid growth of aviation services worldwide, a business he said was valued at $225.4 billion.
"By 2025 it could reach 24 trillion rubles ($775 billion), so the main aim of our program is to increase our potential and fill our fleet with competitive Russian aircraft," Medvedev said.
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| Additional Business News Stories | |
ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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