• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
Russia
Europe

Moscow wants to build 1,000 planes locally by 2030 to replace Western jets because ‘Boeing and Airbus planes will never be delivered to Russia’

Nicholas Gordon
By
Nicholas Gordon
Nicholas Gordon
Asia Editor
Down Arrow Button Icon
Nicholas Gordon
By
Nicholas Gordon
Nicholas Gordon
Asia Editor
Down Arrow Button Icon
September 29, 2022, 4:41 AM ET
A Russian-made MC-21 plane in flight
Russia is hoping to build its own planes as it loses access to new planes and parts from Boeing and Airbus due to sanctions. Salih Zeki Fazlioglu—Anadolu Agency via Getty Images
Add Fortune on Google for similar content.

Russian airlines have struggled in recent months to keep planes in the air, as sanctions imposed after Russia’s invasion of Ukraine stop them from getting needed parts for their Western Boeing and Airbus jets.

With the invasion dragging into its seventh month, Russia has a new solution: to try building more of its own planes to replace foreign jets that fall into disrepair.

State-owned manufacturing firm Rostec aims to build 1,000 planes locally by 2030, reports Reuters, in a bid to replace foreign jets. “Boeing and Airbus planes will never be delivered to Russia,” a Rostec spokesperson told Reuters.

Soon after Russia invaded Ukraine in March, Boeing and Airbus said they would end their service centers and stop supplying components to the country. Russian airlines have tried to keep jets in the air by cannibalizing other planes for parts.

But eventually that supply of Airbus and Boeing parts will run out. “Foreign aircraft will eventually drop out of the fleet,” said a Rostec spokesperson to Reuters. “This process is irreversible.”

Local alternatives

Rostec was founded in 2007, and encompasses about 480 companies tied to defense. The holding company includes United Aircraft Corporation (UAC), Russia’s major aircraft manufacturer, responsible for planes like the civilian airliner Superjet 100 and the MiG fighter jet.

Earlier this month, Aeroflot, the Russian flag carrier, agreed to buy over 300 Russian-made planes to be delivered between 2023 and 2030. The order includes 210 MC-21 jets, a single-aisle jet meant to compete with the Boeing 787 and Airbus A380. 

Western sanctions on Russia imposed after the Ukraine invasion have pushed back the rollout of the MC-21, as UAC tries to replace Western-sourced parts with locally manufactured alternatives.

For now, it appears that Russia wants to produce the vast majority of parts domestically, and not source parts even from non-Western countries like China.

In March, a Russian aviation official said that Chinese suppliers were refusing to sell parts to Russia for fear of coming under Western sanctions. (Russia later fired him.) Then, in June, China’s ambassador to Russia told TASS, the state-owned news agency, that Chinese suppliers were “ready to supply components” to Russian airlines. 

Grounded

A lack of spare parts is not the only way sanctions have battered the Russian airline industry. 

After Russia’s invasion of Ukraine, the European Union ordered jet leasing companies to cancel their contracts with Russian airlines by the end of March. About 515 planes were in service in Russia at the time, making up half of the Russian civilian fleet and worth about $10 billion. 

Russian airlines like Aeroflot canceled international flights to prevent planes from being seized by their foreign owners. Moscow then granted airworthiness certificates to foreign-owned planes, allowing them to keep flying despite the legal uncertainty.

The Russian government and local airlines have offered to buy leased planes from their foreign owners. But leasing companies have largely given up on ever getting their planes back, writing them off as a loss. 

Russian airlines are now starting to fly internationally again to destinations like Sri Lanka, Egypt, and Thailand. Tickets for flights out of Russia have shot up in price in the wake of the country’s partial mobilization. 

Other countries are trying to break the duopoly of Boeing and Airbus. The Commercial Aircraft Corporation of China (COMAC) is close to registering its domestic plane, the single-aisle plane C919. Western competitors are looking closely at COMAC, with Airbus CEO Guillaume Faury telling French radio that he took the Chinese company “very seriously.” But progress is slow, with COMAC only delivering one plane so far this year.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Nicholas Gordon
By Nicholas GordonAsia Editor
LinkedIn iconTwitter icon

Nicholas Gordon is an Asia editor based in Hong Kong, where he helps to drive Fortune’s coverage of Asian business and economics news.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
North AmericaChina
China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
By The Associated PressJune 22, 2026
38 minutes ago
Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars
Startups & VentureElon Musk
Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars
By Catherina GioinoJune 22, 2026
39 minutes ago
America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it
C-SuiteFortune 500: Titans and Disruptors of Industry
America has a $4 trillion retirement crisis and half of workers could run out of money. TIAA’s CEO wants ‘guaranteed lifetime income’ to fix it
By Fortune EditorsJune 22, 2026
44 minutes ago
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
EconomyFederal Reserve
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
By Jason MaJune 22, 2026
1 hour ago
A man watching a straw hat hands a woman with gray hair a hat.
EnvironmentFrance
Europe’s current heat wave is so bad the French are considering banning outdoor drinking and adopting AC ‘if necessary’
By Oleg Cetinic, Angela Charlton and The Associated PressJune 22, 2026
1 hour ago
t
InvestingElections
Meet the 2 men putting New York’s $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
1 hour ago

Most Popular

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
1 day ago
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
Success
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
By Emma BurleighJune 21, 2026
1 day ago
A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
Economy
A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
By Jason MaJune 20, 2026
2 days ago
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
Success
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
By Preston ForeJune 21, 2026
1 day ago
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
Health
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
2 days ago
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
Commentary
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
By Tenzin SeldonJune 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.