Russia to spend $4.6bn for MS-21 aircraft development

Russia to spend $4.6bn for MS-21 aircraft development

PanARMENIAN.Net - Russia will spend 164 billion rubles ($4.6 billion) to develop and produce its MS-21 medium-range passenger aircraft, a government official said Thursday, Feb 13, according to RIA Novosti.

The MS-21, currently in development, is designed to carry between 150 and 212 passengers and is expected to make its maiden flight in 2015 with first deliveries due in 2017.

“The cost of the whole project is 164 billion rubles, which comprises an equal share of state funds and private investments,” said Andrei Boginsky, who heads the aviation construction department at the Ministry of Industry and Trade.

Boginsky said the budget includes expenditure on R&D work, procurement of components and production of the aircraft.

The MS-21 is intended to replace all models of the outdated Tu-154 and Tu-134 aircraft, as well as the Yak-42 in Russia.

The plane will be produced in three versions – MS-21-200 (150 passengers), MS-21-300 (180 passengers) and MS-21-400 (212 passengers).

It will be Russia's first plane with components made of carbon fiber. The new technology can save 25 percent in fuel and 15 percent in maintenance costs, as well as reduce harm to the environment, according to the designers.

Photo: UAC
Related links:
 Top stories
Sisi spoke by phone to French President Francois Hollande and Italian Prime Minister Matteo Renzi about the Libya situation.
U.S. Secretary of State John Kerry denied any rift with EU leaders, saying, "I keep hearing people trying to create one.
"As two neighbors, Iran and Russia have common viewpoints toward political, regional and global issues," Dehghan said.
At least 2,500 and possibly up to 5,000 suspects have traveled from Europe to conflicts in Syria and Iraq, Wainwright said.
Partner news
Soghomon Tehlirian assassinated Talaat Pasha on March 15, 1921

Operation Nemesis was a covert operation by the Armenian Revolutionary Federation carried out from 1920 to 1922, during which a number of former Ottoman political and military figures were assassinated for their role in the Armenian Genocide.