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Tuesday, January 15, 2008

Russian jets miss Berlin show




Russia's MiG aircraft company has said it will not send its planes to the prestigious Berlin airshow because it fears they may be impounded by creditors.
MiG planned to display its new two-seater MiG-29 fighter jet and a light multi-purpose IL-103 plane at the show starting on Monday.


But a statement from the company said that "as the German judicial bodies refused to provide protection from the possible impounding of these planes at the behest of the notorious Swiss firm Noga, MiG has been forced to restrict its participation in the exhibition".
Noga says the Russian Government owes it $63m after reneging on a barter deal, under which the Swiss company supplied food and other commodities in exchange for Russian oil.
The Russian government should be scared, if you do not pay your debt, you will pay the price.

1 comment:

Mayfield said...

Don't forget the link.

Make sure the link is not a long URL.

Make sure the link separates the excerpts from the significance.