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Aeroflot will order Airbus jets with a total value of $2 billion

The Executive Board of Aeroflot, Russia’s largest carrier, will discuss a contract with Airbus on delivery of 30 A320s on November 23rd. As reported by Lenta.ru with reference to Vedomosti newspaper, the total value of this contract is estimated at $2,25 billion at list prices.

According to information of Aeroflot and Airbus, А320 liners will be acquired under the operating leasing deal through subsidiary of Russian Technologies, Aviacapital-service. Aeroflot and Airbus have denied any official comments about possible deal.

Russian Technologies in its own turn noted that this refers only to provisional agreements. According to unknown employee of the state corporation, the value of the contract and dates of deliveries may be discussed only after the approval of contract terms by Executive Board and Board of Directors of Aeroflot, which should hold its meeting on November 24th.

Aeroflot’s fleet includes about 100 liners, most of which are produced by Airbus. At the same time, according to Aeroflot’s development strategy, its fleet should be increased to around 300 aircraft by 2015 and to 550 ones by 2025.

The carrier has started to increase the share of Boeing aircraft in its fleet in 2011. Aeroflot and Boeing have signed memorandum of understanding in the end of 2010 and according to it the Russian carrier will acquire 20 long-haul Boeing-777s and Boeing-787s Dreamliner with a total value of about $5 billion.

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URL: http://www.ruaviation.com/news/2011/11/23/635/