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    JOINT RUSSIAN AIRCRAFT COMPANY TO BE ESTABLISHED WITHIN TWO YEARS

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    MOSCOW, February 10. /RIA Novosti/. A joint Russian aircraft manufacturing company is to be established within two years, Deputy Prime Minister Boris Alyoshin said at a press conference Tuesday.

    "The business community and the Rosaviakosmos aerospace agency have arrived at a common opinion on what stages should be in establishing a joint company," he said.

    According to Alyoshin, a principle of merging state-run and private companies has been formulated. At present most assets in the aircraft industry are owned by private companies, he explained.

    In his view, at the first stage it would be necessary to draw up a contract on establishing a consortium, after which a management system is to be created. "The company's managing director will have a great deal of work to do, and only after that will it be possible to form an alliance," Alyoshin explained.

    The company in some way will resemble the Boeing concern in its structure, and "nothing different can be established," the Deputy Prime Minister said.

    Alyoshin named optimization of a series of models for Russian aircraft as one of the most important tasks. "Fourteen middle-range planes are in service in Russia today," he pointed out. "Servicing such a fleet of different planes is dissipation of funds," he said.

    A joint company will definitely include also the Sukhoi, MiG and Tupolev military aircraft manufacturers.

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