Economic Efficiency of Establishing Russian Aircraft Repair and Maintenance Service Centers using Subsidized Project Financing

Abstract

This study analyses the development of the aviation industry in Russia, based on the "Strategy for the Development of the Aviation Industry of the Russian Federation until 2030". Also, it examines the procedures for developing an investment project to create aviation service centers for after-sales maintenance and repair of aircraft, as well as the mechanisms for justifying the discount rate and methods for assessing the effectiveness of the investment project (risk analysis). Furthermore, this article sets and solves the task of developing and evaluating the efficiency of the investment project of creating an aircraft after-sale technical maintenance and repair center for Sukhoi Superjet 100 (SSJ 100). In order to solve these problems, the methods of financial and economic analysis, budgeting, economic and mathematical modelling were used. The result of the work is a financial model of the investment project for the creation of SSJ 100 aircraft after-sales service and repair center