IMPORT SUBSTITUTION STRATEGY AS A BASIS FOR INCREASING THE COMPETITIVENESS OF THE RUSSIAN AVIATION INDUSTRY

Abstract

Aircraft construction is one of the most science-intensive branches of modern industry. One of the key problems of the modern aircraft industry is its dependence on foreign investors and the supply of spare parts. Taking into account the economic situation and the progression of the spread of sanctions bans, the most optimal way to increase competitiveness is the strategy of import substitution. Its development helps to increase the competitiveness of Russian companies in the domestic market, and also stimulates the attractiveness of products for export in the external market. The production of competitive products and their release on the world economic market contributes not only to the strengthening of national positions, but also helps to achieve an economic balance. However, the possibilities of this strategy cannot be fully realized without proper state support, including without financial support. In this article, we will analyze the import substitution strategy as a basis for increasing the competitiveness of the Russian aviation industry, both in the domestic and global markets.