BOEING EXPECTS LARGE MARKET IN RUSSIA FOR ITS AIRCRAFT

Boeing has stated that it expect Russian and Commonwealth of Independent States (CIS) airlines to buy about 960 new aircraft worth $90 billion over the next 20 years to upgrade the fleet of narrow-bodied planes. “Demand for planes will also be stimulated by the growth of passenger flow on international routes to Russia and CIS countries and on the domestic market, too,” says Randy Tinseth, vice-president of Boeing Commercial Airplanes in charge of marketing. “Our estimates show that passenger flow in the region will increase by 4.8% per year on average.” Boeing expects an increasing number of passengers flying to