An Egyptian company with exclusive rights to market the Tupolev-204 passenger jets abroad made by the Russian Aviastar Company will invest $250 million in the aircraft manufacturer over the next two years, reported Moscow Times . Sirocco Aerospace International, one of the largest companies in the Russian aviation industry, has invested enough into Aviastar to make it the leading aircraft manufacturer in Russia. The Sirocco Company was established in 1996 by the Egypt’s Kato Aromatic to promote the Tu-204 aircraft abroad. — (menareport.com)
© 2002 Mena Report (www.menareport.com)