Russian Aviation Consortium OAK and China signed contact to create a joint long-distance passenger super-jet, which will compete with Boeing and Airbus. The jet will come in three modifications with 3 different passenger capacities, basic being 240 people. The effectiveness is expected to be 10-15% higher than competitors, with lower price compared to corresponding Boeing and Airbus models, while the materials and tech used are cutting edge. First contracts are expected in 2019 and the jet will be sold internationally. The jet will begin flying in 2023. Regular flights will begin in 2026. The program will run till 2045. Video of the new jet:
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