Sberbank, Russia’s largest bank, took what executives describe as an historic first step into aircraft leasing last week as it ordered 12 Boeing 737-800s. Expected to spur further financing and leasing of imported aircraft in Russia, the transaction calls for the bank’s Sberbank Leasing subsidiary to place the airplanes with Moscow-based Transaero Airlines.
International Airlines Group (IAG) confirmed on Thursday that it has reached an agreement with Boeing that calls for the conversion of options on eighteen 787s to a firm order.
A little more than a month after suffering a fatal accident involving a demonstration airplane, the Sukhoi Superjet program staged a fairly quick rebound with the sale of six SSJ100-95s to Russia’s second largest airline, Transaero. Announced in late June, the deal includes options on another 10 airplanes, raising the potential value to $566.4 million based on list prices.
Data from the “black boxes” retrieved from the wreckage of the Sukhoi Superjet 100 that crashed in Indonesia on May 9 so far shows not even a “hint” of technical fault, United Aircraft president Mikhail Pogosyan reported during a Farnborough press conference.
Two months after suffering a fatal accident involving a demonstration airplane once used for air show appearances, Sukhoi Superjet (SSJ) program partners Sukhoi Civil Aircraft (SCAC) and SuperJet International (SJI) are hoping to dampen further speculation about the disaster, at least for this week. Helping it with this will be an Aeroflot SSJ in the static display, and a possible follow-on order from Mexico’s Interjet.
While the first-ever appearance of Sukhoi’s T-50 stealth fighter led the list of awe-inspiring spectacles during last week’s Moscow Air Show, the mundane business of commercial transactions made more headlines, as Airbus, Bombardier and local manufacturers busily collected new orders from a growing Russian commercial aviation market. Perhaps the most surprising deal of all involved Moscow-based Transaero, which signed for eight Airbus A320neos.
The company is also announcing new contracts here at the Paris Air Show. In Russia, CMC has won a contract to provide Moscow-based Transaero Airlines with its GPS-based flight management system (FMS), the CMA-900. The deal covers five Boeing 747s. Deliveries should take place between May 2005 and early 2006.