Russia on Wednesday June 08,2016 presented a new medium-range passenger plane which state media said was superior to its Western-made counterparts in many respects and would be snapped up by both Russian and foreign carriers.
In a glitzy ceremony at a factory in Siberia attended by the Russian Prime Minister Dmitry Medvedev, Irkut Corporation (IRKT.MM) rolled out its new MC-21 passenger plane which is still undergoing testing but is due to enter serial production next year. The plane is sometimes also known as MS-21.
Russian Prime Minister Dmitry Medvedev hailed the new twin-engine short and medium-range aircraft as "cool," saying it was important that Russia remained in what he called the top league of aircraft makers despite the high costs involved.
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