Heads of Agreement on Sukhoi Superjet 100 Delivery Signed between SCAC and Ilyushin Finance Co

(PresseBox) ( Moscow, )
On June 17 2013 in the framework of the 50th International Paris Air Show (Le Bourget, France) Sukhoi Civil Aircraft Company and Ilyushin Finance Co (IFC) signed the Heads of Agreement (HoA) for delivery of twenty Russian Sukhoi Superjet 100 aircraft.

The Agreement envisages the financing by IFC of leasing of fifteen Sukhoi Superjet 100 in basic modification SSJ100/95B for the South East Asia and the Middle East customers.

Other five aircraft in Long Range modification (SSJ100/95LR) are planned for further leasing to potential customers. The Parties agreed that the deliveries to Ilyushin Finance Co would start in 2015.

Deliveries of the Russian aircraft are being financed through the dedicated Programme of the Russian Government on financial (guarantee) support for Russian industrial exports and high-tech products. The support is provided by the Government to banks extending credits to customers of Russian products.

The Sukhoi Superjet 100 (SSJ100) is the regional 100-seater aircraft of the new generation developed and manufactured by JSC Sukhoi Civil Aircraft with the participation of Alenia Aermacchi. On May 19, 2008, the SSJ100 made its first flight. The maximum cruising speed of the Sukhoi Superjet 100 is 0.81 Mach, and the cruising altitude is 12,200 m (40,000 feet). The length of the take-off strip for the base version of the aircraft is 1,731 m, for the version with the increased flight range - 2,052 m. The flight range for the base version is 3,048 km, for the version with the increased flight range - 4,578 km.

Ilyushin Finance Co. (IFC) was founded in 1999. IFC is a member of the United Aircraft Corporation" (UAC) - the Russian aviation industry integrator. The company carries a decade of experience in the sales and leasing of the civil aircraft, it has the longstanding ties with the leading aircraft manufacturers and the strong business relations with the first-class credit institutions. IFC provides its clients with the long-term financing and the export crediting solutions creating a friendly environment for the lease and purchase of the Russian-made aircraft.
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