March 15, 2007
Russian airline Aeroflot will sign a contract within the next few weeks to buy
22 of Airbus's proposed new long-distance A350 planes instead of Boeing 787s,
its chief executive Valery Okulov said on Thursday."Our documents for buying
the Airbuses are in a fairly high state of readiness. The deal will be done in
the next few weeks," Okulov told reporters. "Yes, we're signing for 22, and
it's a firm contract."
He said the delivery of the planes would begin in 2015 under a financial lease
agreement. In the meantime, the firm would use Airbus A330s under an operating
lease. They will be delivered in the fourth quarter of 2008.Russia's
state-owned bank VTB holds a 5 percent stake in Airbus's parent company EADS.
"The contract for the 787s is frozen," Okulov said. "It's hard to say how deep
that freeze is."
(Reuters)
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