Russia to team up with UAE to develop supersonic passenger jet – trade minister

Russia’s United

Russia’s United Aviation Corporation and Mubadala, the investment fund of the United Arab Emirates, will create a joint venture for developing and manufacturing a supersonic business-passenger jet.

The conceptual design of the new aircraft could be revealed as soon as at the end of the current year, according to Russia’s Industry and Trade Minister Denis Manturov, who stressed that the issue of equity participation hasn’t so far been discussed.

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