Items Tagged With development

OAO "Aeroflot" have signed with OAO "Vneshtorgbank" and "Vneshekonombank" sales and purchase agreements regarding OAO "Terminal" shares. Pursuant to these deeds Vneshtorgbank has purchased from Aeroflot 25 percent plus 1 share, and Vneshekonombank has purchased 20 percent less two shares.

The Boeing Company [NYSE: BA] named Nagpur city, located in the State of Maharashtra in central India, as the location for its planned regional maintenance, repair and overhaul (MRO) facility.
"We believe that Nagpur will be an excellent location for the Boeing MRO facility because of the tremendous investment being made in the area by both government and private companies," said Dinesh Keskar, vice president of Sales, Boeing Commercial Airplanes. "Boeing is committed to helping strengthen India's air transport infrastructure by investing up to $100 million in this MRO facility."

Feng Zhenglin, the Vice-Minister of China's Ministry of Communications, has urged states belonging to the Shanghai Co-operation Organisation (SCO) to increase investment in highway infrastructure and to speed up construction of three major highways linking China with Russia, Central Asia and Europe.

Structural aircraft components work conducted at temporary facility is ahead of schedule 
Bombardier Aerospace announced  that the construction of its permanent manufacturing site to be located in the Querétaro Aerospace Park Project will begin this fall. Manufacturing operations at this new site are scheduled to start during the second half of 2007.