I wasn't expecting much out of the film, but they do tout lots of impressive live action air scenes, which sounded appealing to me. And in truth, there are some. But most are simply stuff you'd find in an air show, I was expecting more in the way of dogfights. There is a dogfight eventually, but it consists of 2 CGI F-15s shooting 3 CGI missiles at the plane, and the plane "dodging" them.
Basically, the highlight is a live action air scenes is maneuver called a "Cobra", where the plane sort of rears back on its tail in a controlled manner. Which is neat, but not the sort of thing that wows people who don't understand what the maneuver is (though I guess is probably very popular in Russia, since I believe they invented it). The most impressive action scene is not in the air, but a battle on an air base, between Russian special forces (I think) and terrorists.
Anyway, the plot of this is a little hard to follow. There's a super secret new Russian plane (actually just a SU-30, a nice enough plane, but nothing special). And terrorists are trying to do something to the pilots. Then we find out that it's Malcom McDowell who is the terrorist, and ex-CIA agent, with Armad Assante being a current CIA agent trying to stop him (or something). Rutger Hauer is technically in this, but he's in two scenes. And just what he is, I wasn't sure.
The trouble is, it's long. A lot of the story focuses on the "good" pilot, who isn't a jerk like the others. We see him fall in love with an American animal rights person (?) who looks 100% Russian (pretty, but doesn't even remotely look American), then he has some angst with his father (who is the designer of the plane, I think), and the antics of the other pilots. That stuff should have been trimmed out. And much of the spy stuff is boring. You have Malcom McDowell vs Armand Assante's team of CIA (I think) along with a Russian duo (who are likable, but not overly competent). They play a cat and mouse game, but it's hard to know what exactly is going on.
It does suffer from a bad English dubbing, but there are worse. Much much worse. It's passable. The real problem is all the dull scenes. Cut it out and it would have been a good movie. As is, it's worth a watch, but not great.