Russia's MiG aircraft corp. earnings surge in 2013


(MENAFN) The Russia-based MiG Aircraft Corporation announced posting a substantial growth in both profits and sales last year, Xinhua reported. The firm's profit from sales amounted USD130 million in 2013, while sales jumped 68 percent over a year to USD880 million in 2013, the MiG fighter jets producer said. "The plan of deliveries as part of military and technical cooperation with foreign countries was 120 percent fulfilled in 2013," Itar-Tass news agency quoted MiG as saying.


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