Russia and the UAE form a joint venture to develop and build a supersonic passenger business jet. The Minister of Industry and Trade of the Russian Federation Denis Manturov told about this.
According to him, the issue of equity participation has not yet been resolved. On the Emirate side it will be the Mubadala company, on the Russian side – the United Aircraft Corporation or any of its subsidiaries.
Manturov noted that the plane will be in two versions. The first type is designed for eight passengers, the second – for 30. It is expected that the appearance of the aircraft will be developed later this year or early next. The main parameters are already 80% laid out, the minister added.
“This is Mach 1.5-1.8. Given that at a speed of Mach 1.8, you can fly for at least four hours, “TASS quotes Manturov as saying.
We will remind, on the eve of the head of the Ministry of Industry and Trade arrived in the UAE on a working trip and held negotiations with the country’s authorities. The parties discussed promising areas of Russian-UAE cooperation and noted the sustainable development of trade and economic ties.