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Sberbank and UAC build up operating leasing of Sukhoi Superjet 100 aircraft at MAKS air show – Bangalore Aviation

Sberbank and UAC build up operating leasing of Sukhoi Superjet 100 aircraft at MAKS air show

Skerbank and UAC have signed a Memorandum of Intent (MoI) to collaborate on the leasing of the Sukhoi Superjet 100. Find more details below.
27th August 2013

UAC, represented by JSC Sukhoi Civil Aircraft and JSC Sberbank Leasing, are planning to perform joint promotion of Russian aircraft Sukhoi Superjet 100 in Russian and international markets. The respective Memorandum of Intent on join collaboration was signed by the companies at MAKS-2013 Airshow on August 27 in the city of Zhukovskiy.

The joint venture will consolidate SCAC expertise in creation of state-of-the-art aircraft and their subsequent technical support with the current expertise and opportunities of Sberbank Leasing Group in the market of operative leasing using the best world practices.

Consolidation of SCAC and Sberbank Leasing efforts in creation of financial infrastructure for promotion of Sukhoi Superjet 100 aircraft will make it possible to fulfill comprehensive tasks aimed at development of operative leasing in the Russian Federation, including building up of legal framework for operative leasing, creation of sources and tools of financing and government support, forming liquid market of Russian aircraft.

According to the operating plan of the joint leasing company, in the territory of Russia and other countries at the initial phase customers will be provided with operating lease for up to 50 aircraft to the total amount of about two billion US dollars at catalogue price. Establishment of joint venture is aimed at smoothing the way for active promotion of Sukhoi Superjet 100 in the domestic and overseas markets.

“As of today Sukhoi Superjet 100 is the most state-of-the-art aircraft built in Russia. We believe that this aircraft has a very good perspectives in the sphere of leasing, – comments Dmitry Eroshok, General Director of Sberbank Leasing. – Work with Russia-made aircraft is one of the priority areas of JSC Sberbank Leasing operations. At the moment we are ready to offer one of the most favorable terms and conditions for financial and operating leasing of these aircraft”.

“Collaboration with JSC Sberbank Leasing offers great long-term opportunities for the project, because extensive branch network of our partners will open a new window of opportunity for joint promotion Sukhoi Superjet 100 aircraft not only in the Russian market but also in the international market”, – notes Andrey Kalinovskiy, President of JSC Sukhoi Civil Aircraft.

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