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Company News

30 March 2007

Aeroflot Has Signed A Protocol Of Intentions With JABC For Supply Of 6 Aircrafts IL-96-400T

30 March 2007, Moscow. – Today, the General director of JSC “Aeroflot – Russian Airlines” Valeriy Okulov and the Chairman of board of directors JSC “Joint Aircraft Building Corporation” Alexei Fedorov signed a protocol of intentions in relation to financial lease of six new wide-body cargo aircrafts IL-96-400T.
Aircraft IL-96-400T – is a cargo version of a passenger IL-96-400. The maximum commercial uplift – 92 tons. The flying range with the maximum uplift – 5700km. The maximum takeoff weight – 265 tons.

According to the agreement between the parties, within a month after signing this protocol, a contract draft for leasing of six aircrafts IL-96-400T will be signed between JSC “Ilyushin Finance Co.” and CSC “Aeroflot Cargo”.

The aircrafts supply is planned to be fulfilled within three years (2008 – two aircrafts, 2009 – one aircraft, 2010 – three aircrafts). The leasing term is 15 years. The proprietary right for aircrafts will be transferred to the lessee after the termination of the leasing term and completion of reciprocal payments. During the whole leasing term, the lessee reserves the right for advanced redemption of aircrafts.

JSC “Aeroflot – Russian airlines” (AFLT) – is the indisputable leader of civil aviation in Russia, the practical national carrier. Being the biggest air company of the country, it carries over 7 mln. people a year, and together with subsidiary companies – about 9 mln., i.e. 23% of the total number of Russian air passengers. Having at its disposal the fleet of 90 aircrafts, it performs its own flights to 93 points of 47 countries (totally 302 flights per day). It controls 51% of the Russian market of regular international carriages and around 12% of domestic air carriages. Net income for the year 2006 amounted 7,3 bln.rub.

Aeroflot – is one of the oldest air companies and one of the most well-known commercial brands in the world. The company was founded in 1923, it is based in Moscow, in the international airport Sheremet’yevo. In 2006, Aeroflot became the first Russian air company entering the global alliance SkyTeam. The joint route network of the alliance numbers 728 points in 149 countries, which gives the limitless possibilities of choice for the passengers of Aeroflot. The customers of Aeroflot enjoy bonus programs of all alliance partners. The information about the advantages of participation in the alliance SkyTeam one can find in the internet site  www.skyteam.com.

Aeroflot – is the sole in Russia certified operator of the international air standard of industrial safety IOSA.

In the site www.aeroflot.ru one can buy tickets for Aeroflot flights using on-line payments, the electron ticket technology, and to know more about the air company.

JSC “JABC” was established in accordance with the decree of the President of RF No.140 “About open joint-stock company “Joint Aircraft Building Corporation” as of February 20, 2006. The registration of the corporation as a legal entity was made on November 20, 2006.
At the moment of establishing, the charter capital of the corporation amounts 96,72 bln. roubls. The Russian Federation owns 90,1% of shares. JSC “JABC” consists of the following legal entities: Air Holding Company “Sukhoy”; Ilyushin Finance Co.; Komsomols-on-Amur Air Production Union named after Y.A. Gagarin; Interstate Air Building Company “Ilyushin”; Nizhniy Novgorod Air Building Plant “Sokol”. Novosibirsk Air Production Union named after V.P. Chkalov; JSC “Tupolev”; Finance Leasing Company; JSC“Corporation “Irkut”.

The priority activities of JSC “JABC” and the constituent companies – are development, production, realization, maintenance, operation, warranty and after-sales service, modernization, repair and utilization of aeronautical engineering of civil and military functions.