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Aeroflot To Buy Boeing 787s, Airbus A350s   Print  E-mail 
Monday, 20 August 2007

  Russia's national airline, Aeroflot, will pay USD$5.81 billion for a total of 44 aircraft from Boeing and Airbus, a discount of about 17 percent, Vedomosti business daily reported on Monday.

Aeroflot has agreed to pay USD$2.906 billion for 22 Boeing 787 Dreamliner aircraft and USD$2.904 billion for 22 of Airbus's A350 XWB planes, the paper said, citing a report by Interfax news agency.

Interfax cited company materials prepared for a shareholders meeting.

Aeroflot announced the deals earlier this year but has never said how much it was going to pay for the aircraft in one of the biggest-ever foreign plane orders by a Russian company.

The paper said each of the two 22-plane orders would have cost USD$3.5 billion according to list prices, indicating a discount of about 17 percent.

Analysts told the paper the discount was so large because Aeroflot had managed to play off both companies against each other.

Under the deals, Aeroflot will get its first Airbus in 2014 and the last in 2019, and its first Boeing in 2014 and the last in 2016, the paper said.

(Reuters)


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