Izhstal, a steel producer, has filed a bankruptcy petition against Yakovlev, the Russian aircraft manufacturer responsible for the MC-21 and SJ-100 passenger aircraft programs. The Moscow Arbitration Court has accepted the application and scheduled a hearing for January 18, 2027. This development has prompted new questions regarding the financial pressures that exist within Russia’s aircraft manufacturing supply chain.
This development occurs at a critical juncture for the Russian aviation industry, which is currently working to reduce its reliance on foreign suppliers and establish domestic production capabilities for commercial aircraft. Despite Yakovlev’s claims that it has already implemented measures to resolve the outstanding…