Report: Western sanctions make SSJ100 price uncompetitive – official - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Western sanctions make SSJ100 price uncompetitive – official

MOSCOW, Sep 9 (PRIME) -- The market price of Russia’s Sukhoi Superjet 100 (SSJ100) is uncompetitive due to the Western sanctions as foreign suppliers refused to localize production of component parts and prices for foreign parts rose, Deputy Prime Minister Yury Borisov said in an interview to Rossiya 1 television channel broadcast on September 7.

“They started to introduce sanctions, and suppliers started to raise prices for their products and refuse to localize assembly of parts in the Russian territory, like with the Sam-146 engine. They practically refused to make the ‘hot’ part in Russia. As of today, we have only solved the issue of full-cycle maintenance in Russia, which is an improvement, but these circumstances make this plane uncompetitive from the point of view of the price,” he said.

Russia has to work on imports substitution seriously in order to keep the aircraft on the market, he said.

Currently, airlines operate 138 SSJ100 planes. Previously, media reported that the last foreign airline that flies the planes – Mexico’s Interjet – was in a tough financial station so it tried to sell the planes.

End

09.09.2019 08:28