Mon, Apr 08, 2013
Russian Leasing Company Places $1 Billion Order
Boeing, Sberbank of Russia and its wholly owned subsidiary, Sberbank Leasing, have reached an agreement on an order for 12 Next-Generation 737-800s. The airplanes are intended for operational leasing under Sberbank's contract with Transaero, one of Sberbank's key corporate customers. Valued at more than $1 billion at current list prices, the deal will help lay the groundwork for developing an environment for finance and operational leasing of imported aircraft in Russia. Sberbank will follow international standards for airplane leasing, allowing it to provide air carriers with modern, world-class finance solutions.
"The agreement that we have reached today marks a very significant step forward and is evidence of Sberbank's commitment to aviation financing. It substantially contributes to the development of trade and economic relations between Russia and the U.S.," said Herman Gref, CEO and chairman of the board of Sberbank of Russia. "Sberbank will use our new 737-800s to give our corporate customers the best service available in the aircraft leasing industry."
"Aviation has a proud history in Russia as does Sberbank," said Shep Hill, president of Boeing International. "Similarly Boeing's partnership with Russian industry and the aerospace sector in particular date back over 40 years. Boeing is honored to have long and mutually beneficial relationships with outstanding customers and partners and is now privileged to enjoy the support and confidence of Sberbank as the bank moves into aircraft leasing."
"This is a historic milestone in our long-term relationship with Sberbank and yet another strong endorsement of the 737," said Marty Bentrott, vice president, sales, Middle East, Russia and Central Asia, Boeing Commercial Airplanes. "We are delighted Sberbank has chosen the Next-Generation 737 and its market-leading performance, reliability and exceptional value for our customers."
Sberbank of Russia is the largest bank in Russia and Commonwealth of Independent States. Sberbank Leasing, founded in 1993, is one of the leading leasing companies in Russia.
Klyde Battles The Grammar Psychos!!! FMI: www.klydemorris.com>[...]
Also: Rare O-46 Rebuild, Valor Unveiled, OK's Anti-Fly-In Airport, FAA Screw-Ups, The first Enstrom Model 480B-G has been delivered to Rick Boswell of New Hampshire with the Garmin>[...]
Altostratus This middle cloud genus is composed of water droplets, and sometimes ice crystals, In the mid-latitudes, cloud bases are generally found between 15,000 and 20,000 feet.>[...]
"I am extremely saddened by the loss of my friend. Peter devoted the last 23 years of his life to this wonderful mission. His faith, dedication, and hard work were something to emu>[...]
Superior Air Parts Announces That Sport Performance Aviation Has Selected The XP-320 Engine For The SPA Panther Sport Aircraft Scott Hayes, V.P. Sales and Marketing for Superior Ai>[...]