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The agreement on designing a passenger plane was signed by Russia's Unified Aircraft Corporation and the Commercial Aircraft Corporation of China during Russian leader Vladimir Putin's visit to China in May. An airliner with a capacity to carry 250 to 300 people should rival planes by other manufacturers and take a considerable market niche not only in Russia and China, but also in other countries.
"We assume that to make a competitive product, it is necessary to make use of modern technological solutions existing in both countries," Manturov said.
A source at the Unified Aircraft Corporation said Russia was ready to propose participation in designing an engine using newest know-how and technologies developed in the PD-14 bypass turbofan engine project.