Аннотация:Study of aerodynamic flutter has a long history. Interest to this problem is stimulated by applications: on the one hand, the flutter effect should be eliminated in order to ensure durability of structures; on the other hand, this phenomenon can be used to harvest energy from the flow. In the present work, an aeroelastic system with two degrees of freedom (translational and rotational) is considered. Aerodynamic load is described using the quasi-steady approach. Dependence of the number of equilibrium positions and their stability on system parameters is discussed. Limit cycles arising in the system are studied numerically.