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Russia flies into the airliner industry

May 29, 2017 3:23 AM ETThe Boeing Company (BA) StockBA, EADSY, EADSFBy: Yoel Minkoff, SA News Editor27 Comments
  • Russia's first large airliner since the fall of the Soviet Union made its maiden flight on Sunday.
  • The Irkut MC-21 successfully completed a 30-minute flight at a height of 1,000 meters, while traveling at 300 km an hour.
  • It comes three weeks after China staged the maiden flight of its new C919 passenger jet, which is also designed to compete with the Boeing 737 (NYSE:BA) and Airbus A320 (OTCPK:EADSY).
  • See a video of the flight here

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