Sino-Russian commercial aircraft consortium Craic is taking over management of the program to develop the CR929 widebody aircraft, following the partners’ approval of a proposed budget and organizational structure. “These decisions will facilitate the launch into operation of the joint venture in the nearest future,” Russian partner United Aircraft Corp. (UAC) said. UAC and the Chinese partner, Comac, set up Craic as a joint company in Shanghai in May, launching the ...

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