-
Advertisement
CNBC
BusinessCompanies

Russian and Chinese jets take on Boeing and Airbus in this US$3 trillion area

But upstarts face challenges against established manufacturers with worldwide networks in terms of spares and support

Reading Time:3 minutes
Why you can trust SCMP
Irkut, a subsidiary of the Russian state-controlled United Aircraft Corporation (UAC) launched the MC-21 single-aisle jet last month. Photo: Irkut
CNBC

Boeing's 737 Max made its international debut this week at the Farnborough airshow while Airbus was talking up the capabilities of its single-aisle rival the A320neo.

But lurking in the wings are upstarts from China and Russia aiming to take on the US and European giants in the narrowbody plane segment, the most popular type of aircraft for carriers.

Irkut, a subsidiary of the Russian state-controlled United Aircraft Corporation (UAC) launched the MC-21 single-aisle jet last month in a ceremony attended by the country's Prime Minister Dmitry Medvedev.

Advertisement

The company attended Farnborough, Europe's biggest airshow, as it looks to drum up international business for its jet, which currently has 175 firm orders but mainly in Russia.

Irkut touted the design of its plane and fuel efficiency as its biggest selling point, giving customers a comfort level similar to wide-bodied aircraft like the Boeing 787.

Advertisement

Irkut's marketing chief touted the MC-21's key features such as low cabin pressure and larger width.

Advertisement
Select Voice
Select Speed
1.00x