Russia's MiG aircraft maker to join UAC by yearend - official

Russia's recently incorporated MiG aircraft manufacturer may become part of the state-owned United Aircraft Corporation (UAC) by the end of 2008, the head of the company said on Thursday.

UAC was formed last year from leading domestic plane producers to streamline the country's aircraft building industry, and includes Ilyushin, Tupolev, Sukhoi, Antonov and Mikoyan, as well as companies involved in distribution.

"I think we will join UAC this year," MiG's new general director, Anatoly Belov, said in an interview with the Kommersant business daily. "We are expecting Ernst & Young to complete the audit of our corporation in June, and then the usual integration process will begin."

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