Business

April 5, 2013

Boeing, Sberbank announce order for 12 737- 800s

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.”

The Boeing 737-800 is one of the best-selling versions of the highly successful Next-Generation 737 family, the most technologically advanced airplanes in the single-aisle market. The Next-Generation 737′s market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class.

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.

 




All of this week's top headlines to your email every Friday.


 
 

 
boeing-ethiopia

Boeing, Ethiopian Airlines announce order for 20 737 MAX 8s

  Boeing and Ethiopian Airlines Sept. 20 announced an order for 20 737 MAX 8s. The order, previously unidentified on the Boeing Orders & Deliveries website, is worth more than $2.1 billion at list prices and also inclu...
 
 
airbus-collaboration

Airbus Group, Aerion announce technology collaboration

Airbus Group and Aerion Corporation have agreed to collaborate on technologies associated with the future of high-performance flight. To further their mutual objectives, both companies will exchange knowledge and capabilities i...
 
 

Boeing to upgrade specialized ICBM guidance system test Equipment

Boeing will continue to ensure the readiness of the nationís Minuteman III intercontinental ballistic missile system with the development of a new Guidance Data Acquisition System. Under a $4.9 million contract awarded by the U.S. Air Force, Boeing will update and replace the aging GDAS, a key piece of equipment that tests the guidance system...
 

 

Boeing to open first cyber analytics center outside U.S.

Boeing will open its first Cyber Analytics Center outside the U.S. in Singapore, to bring advanced cybersecurity capabilities and services to customers in the Asia-Pacific region. The center will help train and equip cybersecurity professionals, perform advanced analytics and serve as Boeing’s regional cybersecurity center of excellence. Boeing will hire and train cybersecurity professionals...
 
 

Lockheed Martin receives additional EW contract to protect Navy’s fleet

The U.S. Navy awarded Lockheed Martin an additional $147 million contract to upgrade the fleet’s electronic warfare defenses against evolving threats, such as anti-ship missiles. Under this low-rate initial production contract for Block 2 of the Navy’s Surface Electronic Warfare Improvement Program, Lockheed Martin will provide 14 systems to upgrade the AN/SLQ-32(V)2 system on all...
 
 

Pratt & Whitney, U.S. Air Force complete qualification for F135 engine testing

Pratt & Whitney, a United Technologies Corp. , together with its U.S. Air Force partner at the F135 Heavy Maintenance Center at Tinker Air Force Base, Okla., celebrated another significant milestone qualification for F135 engine testing at the Oklahoma City Air Logistics Complex. OC-ALC which in addition to engine testing is also qualified to perform...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>