Boeing Joins With Russian Enitities On Regional Jet Feasibility Study

World Airline News, June 22, 2001

The Boeing Company has joined with Russia-based Sukhoi Civil Aviation and the Ilyushin Design Bureau in a cooperative effort to determine the feasibility of jointly designing, manufacturing, certifying, marketing, selling and servicing a new regional jet for global operations.

The feasibility study, which was announced at a press conference in Seattle on Thursday, June 21, will encompass market research and development of a joint market forecast, analysis of issues regarding the product development and certification of a Russian-built airplane for export, and preparing preliminary business plans that will form the basis for evaluation of a possible joint airplane program.

"We already have established strong working relationships with our Russian partners and are ready to take the next step," said Alan Mulally, president and chief executive officer of Boeing Commercial Airplanes. "We have agreed to work jointly with Sukhoi and Ilyushin to determine whether we can produce a new regional jet below 100 seats that meets the market's needs effectively. The regional market is an exciting and challenging one, one that is consistent with our fundamental belief that people want to fly directly, point- to-point, with fast, efficient jet service."

Mikhail Pogosyan, the leader of Sukhoi, also expressed enthusiasm.

"A joint program with Ilyushin and Boeing is a wonderful opportunity to address the needs of the regional jet market in Russia, the CIS and globally," Pogosyan said. "Our cooperation has great potential, and we share a common vision. The immediate challenge is this feasibility study, after which we will determine our next steps."