“The MC-21, by its technology level … exceeds the existing airplanes and aircraft. I’m sure it will be a great aircraft: economical, safe and reliable. Today’s events confirm we are capable of building such aircraft that doesn’t only promote our airplane industry but we also compete with other countries,” Russia Prime Minister Dmitri Medvedev said.

The two-engine MC-21 will be delivered in three basic versions, with passenger capacity ranging from 150 to 211 seats. The range capability of the aircraft will vary from 5,500 to 6,000 km (3,400-3,700 miles).

Flight tests for the MC-21 are set to begin by the end of 2016 and full certification is expected to be finished by the end of 2017. The corporation already has solid orders for 175 aircraft. The first client to receive MC-21 aircraft in late 2018 will be Aeroflot, which has ordered 50 units.

To see the full unveiling of the MC-21, watch the video below: