50 SKY SHADES - World aviation news

Russian bank arranges financing for Cuban-bound An-158

Download: Printable PDF Date: 27 Aug 2015 04:59 (UTC) category:
Russian bank arranges financing for Cuban-bound An-158 - Finance publisher
Tatjana Obrazcova
Source: ATW

Russia’s Roseximbank has signed an agreement with Ilyushin Finance Co. (IFC), a Russian leasing company, to provide $70 million in export financing for Antonov An-158 aircraft for Cubana de Aviación.

The agreement, signed at the MAKS Air Show in Moscow, follows a series of similar deals involving Russian-built airliners for Cuban carriers.

“Roseximbank has been cooperating with IFC on aircraft for Cuba for 10 years. Cuba’s carriers operate 14 Russian- and Ukrainian-built aircraft, including Ilyushin Il-96s, Tupolev Tu-204s and An-158s,” Roseximbank chairman Dmitry Golovanov said at the show.

Roseximbank has provided IFC with a total of more than $550 million in export financing.

At MAKS 2013, Cubana de Aviación transferred three An-158 options into firm orders and took delivery of its third An-158.

Loading comments for Russian bank arranges financing for Cuban-bound An-158...


Design and technology - New Cessna Citation M2 Gen2 & Citation XLS Gen2

Textron Aviation announced the next generation Cessna Citation M2 Gen2 and Cessna Citation XLS Gen2 business jets. Unveiled on the eve of NBAA-BACE, the updates to the entry-l...

The time has come - future all-electric trainer - eDA40

Diamond Aircraft is proud to announce the development of an all-electric training aircraft, the eDA40 and has chosen Electric Power Systems’ EPiC battery technology and accompanying Ecosystem.&n...

RECARO Aircraft Seating SL3710 economy class seat took flight on Wizz Air A321neo

Recaro Aircraft Seating SL3710 economy class seat takes flight on Wizz Air’s brand-new Airbus A321neo. A total of 146 shipsets will be delivered to Europe’s fastes...

Pull Up Academy flight school has chosen the Sonaca 200

For the 5th edition of the Portugal Air Summit, which takes place from October 13 to 17, 2021, the Pull Up Academy flight school announced that it has selected the Sonaca 200 to reinforce its fleet of...