Last year, we showed you the Tu-144, the Soviet SST, the
competitor to the Concorde. Though the crash of one example at the
Paris Air Show in 1979 put an end to its commercial career, one was
flown by NASA. There was another flying example, that sat at the
Tupolev works, begging for a buyer. It turned up for sale on e-Bay
("7420 Lookers, no Bids for Soviet SST," 05-16-01, ANN).
It turns out, the plane didn't sell -- but it wasn't because
there wasn't a realistic bid. There was.
Randall Stephens, who was brokering the sale, set the record
straight with us. He told us he had a qualified customer lined up
to buy the SST, but old Cold War-style paranoia crept into the
mix.
He said his client "...intended to use it for maybe a year, as a
way to introduce his new company. Tupolev said they could fly it
for a while; then it was to have gone to a museum." Russian
officials complicated the deal; they smelled money.
As for Alexsander Poukhov [Tupolev's General Designer], Mr.
Stephens said, "I think he's a great guy, but I don't think he
anticipated the dynamics of this deal's being as complicated as
they tuned out."
Stephens, who travels extensively in Russia, knows the language,
and has a Russian-born wife, thinks there is a great future in
bringing Soviet/Russian designs to the US and other markets.
Found his own machine on our site:
Mr. Stephens also wrote us a good explanation:
Regarding the Tu-144LL: While looking through a web search of
the Tu-144LL, I happened upon your mention of the research SST.
There was a buyer for the plane, and a deal was to have been
completed. The sale however, could not be closed due to
interference from the Russian Air Force and the foot-dragging of
the ANTK Tupolev organization.
As for eBay, they cancelled the sale for their own reasons, when
the bids were over $12M USD for the plane (the reserve price) three
days before the bid closed. [eBay's rep] called on Day 6 of the 10
day bid, after the story had broken in the press. [Sorry 'bout that
--ed.].
The bid was conducted within the parameters of eBay's rules, and
the agent was operating on a legal "Power of Attorney" from ANTK
Tupolev's General Director. A nervous eBAY decided not to allow
this sale to continue in their site. Posted on my website
(www.tejavia.com), the SST found a buyer within a week, and a deal
was to have been completed, with Tupolev having an opportunity to
fly the plane round the world for the buyer - who would have
enjoyed immense publicity for a new company he planned to
start.
Tupolev would have netted over twice the money they had asked
their agent, Randall Stephens (myself), President of TEJAVIA LLC to
find. It was due to my ability to foresee the ultimate value of the
jet as an advertising opportunity - that the jet found a buyer at
all. Tupolev General Designer, Aleksander Poukhov, had tried to
find a buyer for the plane for over two years. What tanked the deal
was interference from the Russian Air Force, which did not want the
obsolete NK-321 "Blackjack Bomber" engines allowed out of the
country. (Although the Tupolev organization claimed to have a lease
agreement... which the buyer was interested in.)
I eventually posted the plane on eBay once more, selling it as a
Static Display, without engines. (Tupolev's original request as
such was for $2.2M "delivered.") The plane was to have been flown
to USA and engines pulled, without any further promises of support
from Tupolev; however, Tupolev failed to meet their promised
delivery or cooperate with me or the buyer.
The deal did not finalize.
As President of TEJAVIA LLC, and as an aviation professional for
over 23 years, I was saddened by the outcome of the affair. It cost
me considerable money, which I will not recover. Unfortunately, the
Russian Government keeps its hands too deeply in the aviation
industry, which has demonstrated its ability to design and build
great aircraft. Market economics, the need for commercial aircraft,
and the costs of manufacturing in Russia today offer great
potential. This potential is stopped cold by the inability of RF
[Russian Federation] governmental authorities to overcome old
habits.
The problem was not finding a buyer. The buyer emerged after the
first eBay sale which was cancelled due to their suspicion of
fraud. eBay would not allow me to fax and [overnight] copies of my
documents from Tupolev, nor check with my attorney. Bad decision,
but I respect them anyway. The Russian media (TV6) echoed loudly
and inaccurately that the plane had sold for $10M last June. This
caused a scandal at Tupolev, according to my Moscow advisor who met
with Tupolev's General Director. The actual deal was to have had
the Tu-144LL fly to points around the world with the buyer's
startup company name on the side - rather like I had advertised.
Limited spares limited the projected flights to less than 20 at
best.
If people would work together, we could build a great and
powerful economic partnership (USA-Russia) for the 21st century,
perhaps after all the communists are gone. I am optimistic in spite
of the outcome of the Tu-144LL "deal". There are great aircraft in
Russia today, and I have a plan that can make great things
happen.
Next?
I intend to be at the MAKS 2003 airshow as a vendor, supporting
AMERICAN firms seeking a market presence in the Russian Federation
and CIS markets. The MAKS (www.airshow.ru) is a great event and
trade show for many industries. I still hope to represent certain
aircraft made in the Russian Federation in the near future. There
are ample opportunities to develop manufacturing of airframes/wing
subsections in Russia for new designs, and to set up FAR 145
overhaul facilities.
Thanks for your informative and interesting website.
We were able to find out a bit more about Randall's next
ventures. Dare we say, Il-96? That's a BIG (195-ft wingspan, 92-ton
payload) cargo plane, with four P&W engines, a Collins panel --
in fact, just about all the "wear" items are US or Canadian-built.
The airframe, he tells us, is certified -- at least provisionally
-(?)- to FAR 25. The airplane can be imported to the US, under FAR
21-23a. "There's a lot more work to be done; I'll be working with a
DAR (Michael Ionata), through the Allentown (PA) MIDO," he
told us.