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New Russian MC-21 Aircraft: Surpassing Airbus and Boeing in Price


Russia has developed the most expensive passenger aircraft, surpassing market prices of Airbus and Boeing counterparts.

The Russian State Transport Leasing Company (GTLK) offered local airlines a lease price of 4.3-4.6 billion rubles ($50-54 million) for the MC-21 aircraft at the end of 2022 and beginning of 2023, as reported by “Kommersant.”

The aircraft’s delivery is scheduled for 2028-2030, with the price accounting for state subsidies, although the specific amount was not disclosed.

GTLK’s prices exceed those of Russian aircraft counterparts, such as the Airbus A320/A321 and Boeing 737-800 and MAX. While catalog prices range from $100-105 million, the market price hovers around $50 million or lower.

Sources indicate that Russia has constructed one of the most expensive aircraft in its class. Furthermore, industry insiders note that both the MC-21’s capabilities and operational lifespan remain a significant surprise.

Questions arise regarding the aircraft’s overhaul life, subsidy conditions, and leasing terms. If the current offer spans 20-25 years, concerns arise about the aircraft’s ability to serve for the entire duration, given high utilization demands exceeding 100,000 flight hours—an unprecedented figure for Russian-manufactured aircraft.

However, experts in the Russian aviation industry acknowledge that the MC-21 cannot be priced lower than foreign counterparts due to the absence of serial production for passenger aircraft and their components.

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