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Market Growth

A Modernized Market Poised for International Opportunity
Russia/CIS’s aviation and aerospace industry continues to grow stimulating international partnerships across all sectors

Commercial air transport: Growing steadily – passenger volume is up nearly 17% and international traffic has grown 20%

Business Aviation: Western manufacturers have made inroads as legal restrictions and trade tariffs on executive jets are relaxed and as Moscow quickly becomes a hub of FBO activity

Financial: Carriers and airports are strengthening ties with investment and financial circles to enable significant expansion and fleet modernization

Western partnerships: Largely becoming the accepted business model. Manufacturers, MRO providers and suppliers strive for Russian partnerships and in-country business opportunities

Source: AVIATION WEEK/ATO research, ‘07