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Russia: consortium to finance export of Tupolev Tu-204 in Cuba

Moscow, Russia - A loan equal to 44.5 million dollars

Russia's state-owned Development Bank (Vneshekonombank) has agreed to loan a subsidiary of the Cuban national airline 44.5 million dollars to buy a Russian cargo plane. VEB, the Ilyushin Finance leasing company and Cuba's Aviaimport S.A. signed Tuesday an agreement of intent to issue the 12-year loan to finance the purchase of one Tu-204CE and related equipment under an export contract between Aviaimport...

AVIONEWS - World Aeronautical Press Agency - 1094058
Rome, Italy, 09/09/2008 17:56
AVIONEWS - World Aeronautical Press Agency

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