Aircraft
UAC and Comac Work on Budget for New Widebody Program
The new joint venture between Russia's UAC and China's Comac and Avic is firming up plans for its planned new widebody.
UAC president Yuri Slyusar said that it will cost up to $20 billion to bring the new Chinese-Russian widebody to market. [Photo: Vladimir Karnozov]
UAC president Yuri Slyusar said that it will cost up to $20 billion to bring the new Chinese-Russian widebody to market. [Photo: Vladimir Karnozov]

The proposed Chinese-Russian widebody airliner will require investment of between $13 billion and $20 billion. Confirming the outline program budget at last week’s Farnborough International Airshow, Yuri Slyusar, president of Russia’s United Aircraft Corporation, said that the final amount will depend on whether or not customer support arrangements will be able to use existing facilities of UAC and its Chinese partner Comac.