Aviaprom’s financing will be reduced by 22 billion rubles
Financing of the production of aircraft and helicopters from the budget for 2025 can be cut by 22% and amount to 78.8 billion rubles. Instead of more than 100 billion rubles. planned earlier. First of all, sequestration will affect subsidies to lessons and airlines for the purchase and operation of aircraft. In the relevant committee, the State Duma fears the transfer of deadlines for deliveries, however, experts evaluate the risks as insignificant. The same position adheres to Rostec, insisting that “state-owned plans are unchanged,” since next year the holding is preparing to begin supplies of the SJ-100 and MS-21 in the airline.
The federal project “Production of aircraft and helicopters” will receive 22.4 billion rubles. Less than planned in the current federal budget (101.2 billion rubles). This follows from the positive conclusion of the State Duma Committee on the bill on amendments to the federal budget for 2025, which Kommersant familiarized with. Consideration of the document in the State Duma is scheduled for May 28.
Within the framework of the State Program “Scientific and Technological Development of the Russian Federation”, the federal project in the event of the adoption of the bill will lose 12.8 billion rubles. From the previously provided 54.7 billion rubles. Losses due to the reduction in financing of the state program “Development of the aviation industry”-9.6 billion rubles. Of the 46.5 billion rubles.
According to a friend with the course of discussing the amendments of the interlocutor Kommersant, it is mainly reduced to reduce subsidies to leasing companies for reimbursing part of the costs of paying interest on loans for the purchase of aircraft (Sun), as well as subsidies for compensation for part of the costs related to the service of the Sun. In total, we are talking about a reduction of 8.5 billion rubles. “There are no aircraft – there is no need for compensating subsidies,” the Kommersant source explained, connecting this with “shifts to the right of the terms and volumes for the KPG” (a comprehensive air traffic development program).
The KPG, which was developed by the Ministry of Transport with the participation of the Ministry of Industry and Trade and approved by the government in June 2022, implied the beginning of deliveries since 2023. In January 2023, the government approved an investment passport, « aimed at the implementation of the KPG. » The capex volume was estimated at 1 trillion rubles. Of these, 284 billion rubles – FNB funds, 381 billion rubles – bank loans, 123 billion rubles – funds of participants in the investment project, 215 billion rubles – budget funds. In May 2024, the Ministry of Industry and Trade moved the beginning of supply to 2025. In the summer of 2024, Kommersant found out that the KPG will be revised (see “Kommersant” dated August 9, 2024). First Deputy Prime Minister Denis Manturov said that the KPG can be adjusted after certification of the new MS-21 and SJ 100 at the end of this year.
The conclusion of the State Duma Committee states that the reduction of the budget may entail the risk of transferring the terms of « reaching target indicators for a later period. » But there it is also noted that the threats of supplying deliveries are associated with a high key rate of the Central Bank. “The current key rate has the most negative effect on projects with a long sales period or a long production cycle, which also significantly reduces the competitiveness of domestic products,” the document says.
Another interlocutor of Kommersant in the industry says that a revision of airline subsidies for the operation of new aircraft is “more than logical in the absence of new aircraft”. But, according to him, subsidies for lesslers compensate for the procurement price from the manufacturer, which « can be sensitive. »
Rostec told Kommersant that “state-owned plans are unchanged”: “We are testing new aircraft and prepare serial production in order to start the supply of SJ-100 and MS-21 at the airline from next year.” GTLK reported that the situation « would not affect the lessor’s plans to update the air parks of Russian airlines. » The supply of helicopters this year has already been contracted, specified there. The Ministry of Industry and Trade did not answer Kommersant.
The reduction in financing of any industrial programs “is unlikely to speed up the process,” said Fedor Borisov, chief expert of the Institute of Transport and Transport Policy of the Higher Superior. At the same time, it is difficult to evaluate the consequences for the aircraft industry from a budget revision without data on the factors actually disposed to the manufacturers of financial reserves and the sufficiency of budgets allocated within the framework of other programs, he adds.
Changing financing will not affect the terms of execution of the aircraft supply program, said Dmitry Khudokik, general director of the Avia System.
The key problems of the aircraft industry today are interruptions in the supply of components in connection with the loading of enterprises-suppliers by state defense rooms, as well as the incompleteness of the experimental construction work related to import substitution, he adds: “This is not accelerated by any money.” The KPG herself has already been recognized as “renewed”, it expects a review of quantitative indicators, Mr. Khudomk continues, therefore, it is not expected to be expected to revise new difficulties in connection with a revision of the budget.
Oleg Panteleev, Executive Director of the Aviaport, indicates that all key measures to support production and completion of certification that really affect the terms of the program are still touched. At the same time, it is important to keep in mind real inflation, the expert notes. According to him, the amount of funds that was previously planned to solve applied problems must be indexed at actual costs, which can be done at the expense of reassessments of articles associated with quantitative indicators.
