Russian-Made Jet Prices Soar as Moscow Struggles to Ditch Boeing and Airbus

Russian-Made Jet Prices Soar as Moscow Struggles to Ditch Boeing and Airbus

Russian-made passenger aircraft meant to replace Boeing and Airbus jets have sharply risen in price, the latest hurdle in Moscow’s efforts to build a self-reliant civil aviation sector.

Russian airline prices rise

The cost of Russian-made civilian aircraft has risen considerably during the last couple of years, according to a report appeared in Russian publication Izvestia, which has seen internal documents for Russia’s Ministry of Transport.  According to this report, the cost of an MC-21 mid-sized airliner is currently 7.6 billion rubles, or about US$9.6 million, an increase of 65% over the initial projections.  Likewise, the Il-114-300 regional turbopr…

Russia’s Jet Prices Soar—Even Though No One’s Buying

The price tags on Russian civilian aircraft have soared by up to 70% over the past two years—despite the fact that most models have yet to enter serial production or gain traction on the global market. According to The Moscow Times, citing an internal meeting at Russia’s Ministry of Transport with officials from Rostec, the United Aircraft Corporation (UAC), Rosaviatsiya, and several domestic airlines, key aircraft under development have seen su…