Finance
Russia test-flies second version of MC-21 jet with domestic components
Published by Global Banking and Finance Review
Posted on October 28, 2025
Global Banking and Finance Review
Company
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by Global Banking and Finance Review
Posted on October 28, 2025
(Reuters) -Russia has flown a second prototype of its MC-21 medium-haul passenger jet built with domestic components, the industry ministry said on Tuesday, as sanctions on foreign components stall production and high interest rates crimp investment.
Battling these obstacles, the Russian aircraft industry proved able to deliver by August just one of 15 jets planned for this year.
The MC-21 took off from the Irkutsk aviation plant operated by Yakovlev, a part of United Aircraft Corp, within state conglomerate Rostec, according to images the industry ministry posted on the Telegram messaging app on Tuesday.
The flight tested newly Russian-made onboard systems and PD-14 turbofan engines, the ministry added, as opposed to earlier prototypes that combined Russian and foreign components.
The MC-21, carrying about 175 passengers in a two-class layout, is key to plans to replace jets from Western planemakers Airbus and Boeing that Russian airlines struggle to service under the sanctions following Moscow’s 2022 invasion of Ukraine.
The version of the MC-21 with imported parts was lighter than the first, which had limited range and fuel burn, making airlines cautious, a Russian aviation source told Reuters in August.
Delivery dates have slipped repeatedly since Rostec, which oversees production of the Superjet-100, Tupolev Tu-214, Ilyushin passenger planes and the new Yakovlev MC-21, told Reuters that Russia would produce its own passenger planes.
First deliveries of the MC-21 are expected at the end of 2026, with Rostec planning to ramp up output to 36 a year by 2030.
(Reporting by Lidia Kelly in Melbourne; Editing by Clarence Fernandez)