Sukhoi, IFC Reach Deal On 20 SSJ100s

Sukhoi Civil Aircraft (Hall 2a B198) and Russia’s Ilyushin Finance Company (IFC) signed a so-called heads of agreement outlining the terms of delivery of 20 Sukhoi SSJ100s here at the Paris Air Show on Monday. IFC envisions leasing 15 of the airplanes in basic configuration for Southeast Asian and Middle Eastern customers. IFC also plans to buy five other long-range versions of the jet, designated the SSJ100-95LR. The Parties agreed that the deliveries would start in 2015. A Russian government loan guarantee program established to support Russian industrial exports and high-tech products would finance the deliveries.