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Armavia Likely To Buy Aircraft Of $150 Million

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  • Armavia Likely To Buy Aircraft Of $150 Million

    ARMAVIA LIKELY TO BUY AIRCRAFT OF $150 MILLION

    Lragir, Armenia
    Aug 15 2007

    Armavia, the national airlines, is likely to buy Sukhoi Superjet100
    planes for regional flights, ARKA reported. "Currently Armavia is
    negotiating with VTB Leasing to buy the planes," Jasmine Vilyan,
    press secretary of Armavia, told ARKA. The Sukhoi Civilian Planes
    Company produces the planes. Jasmine Vilyan declined to specify the
    number and value of the planes.

    Meanwhile, the Russian Komersant reported referring to the president
    of VTB Bank Andrey Kostin that VTB may finance this purchase. "We are
    negotiating the delivery of five Sukhoi Superjet 100 planes through
    our leasing company," ARKA reported. Although the value of the deal
    is not revealed, it is known that the catalogue price of this plane
    is 28.9 million dollars, and the deal with Armavia may cost 144.5
    million dollars.
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