Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Aeroflot to Finalize Boeing Deal (Russia)
Moscow Times ^ | 09/20/2013 | Moscow Times

Posted on 09/22/2013 12:41:10 AM PDT by TexGrill

Aeroflot will pay up to $7.47 billion, including maintenance and insurances, to lease 50 Boeing jets for up to 18 years, Vedomosti reported on Friday, citing two sources close to the state-controlled airline and the leasing company Avia Capital Service.

Experts said that the 737 Next Generation aircraft would be used to update Aeroflot's fleet and potentially become the foundation for the company's planned low-cost airline.

The lease deal needs to be approved at Aeroflot's shareholder meeting on Oct. 15.

Airplanes in the Boeing 737 family cost from $76 million to $109.9 million each to purchase, according to Boeing's catalogue, which adds up to a minimum of $3.8 billion for the 50 jets that Aeroflot needs.

Avia Capital Service, a subsidiary of the state-owned technology company Rostec, is offering Aeroflot to lease the 50 commercial jetliners for a price tag of $3.5 billion for a 12-year period, or $5.5 billion for 18 years, Vedomosti reported. This amount includes insurance payments.

In this equation the lease of a single plane is $360,000 as compared to the average market rate of $380,000.

Aeroflot is expected to take possession of the new batch of Boeing 737-800 and 737-900 planes starting in September 2013.

(Excerpt) Read more at themoscowtimes.com ...


TOPICS: Business/Economy; Science; Society; Travel
KEYWORDS: aeroflot; aerospace; boeing; manufacturing; russianeconomy
Global business tip
1 posted on 09/22/2013 12:41:10 AM PDT by TexGrill
[ Post Reply | Private Reply | View Replies]

To: TexGrill

There is a tourism market sitting and waiting there in Russia. No American wants to get on some thirty-year old TU-154 and gamble away on a 80-20 shot of getting to the destination.

I’ll predict in ten years that dozens of hunting ‘ranches’ will be in existence in Siberia, and 500,000 Americans will fly over yearly to hunt for a week with no rules or game wardens on their tail.


2 posted on 09/22/2013 12:48:13 AM PDT by pepsionice
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexGrill

737’s have done well for Souhwest


3 posted on 09/22/2013 12:48:15 AM PDT by Figment
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexGrill

When the Communist Chinese do this...the Communist Globalists cheer. When the Russians do this....(crickets)


4 posted on 09/22/2013 12:50:24 AM PDT by SeminoleCounty (Supporting Communism is never Conservatism)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pepsionice

they won’t maintain them properly. they will suffer just like russian aircraft.


5 posted on 09/22/2013 12:52:07 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Secret Agent Man

I noticed Iceland Air starting to offer maintenance services for aircraft in several Russian cities. A beginning, I agree. It may come to dawn on Russians that safety and maintenance are of a practical nature. Of course, it always amazes me....as bad as Russian maintenance is....there aren’t that many bad accidents, and half can be blamed on bad weather than maintenance.


6 posted on 09/22/2013 1:00:28 AM PDT by pepsionice
[ Post Reply | Private Reply | To 5 | View Replies]

To: Secret Agent Man

I noticed Iceland Air starting to offer maintenance services for aircraft in several Russian cities. A beginning, I agree. It may come to dawn on Russians that safety and maintenance are of a practical nature. Of course, it always amazes me....as bad as Russian maintenance is....there aren’t that many bad accidents, and half can be blamed on bad weather than maintenance.


7 posted on 09/22/2013 1:00:29 AM PDT by pepsionice
[ Post Reply | Private Reply | To 5 | View Replies]

To: pepsionice

Yes, but on a TU-154 you could kick down the seat in front of you (if there is no one sitting there) and put your legs up. Try doing that in a Boeing!

I still remember landing in Russia (in the old days). Just as the plane touches the ground, people jumped up and started collecting their bags. The plane was still rolling down the runway! I don’t know what the hurry was, because they all had to sit back down and wait for the pilots to exit the aircraft first!


8 posted on 09/22/2013 1:34:13 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Cowboy Bob

didn’t Aeroflat used to have benches instead of seats?


9 posted on 09/22/2013 1:36:07 AM PDT by GeronL
[ Post Reply | Private Reply | To 8 | View Replies]

To: GeronL

Only on the helicopter/troop carriers that I was on. Back then, everything that flew had the Aeroflot logo on it! Nowadays, Aeroflot is not a bad airline. Other good airlines are TransAero and Siberian (S7)


10 posted on 09/22/2013 1:49:24 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: GeronL

I flew on an Aeroflot Tu-104 once on a flight from Tashkent to Alma-Ata (back in 1977) where the seats were nylon mesh over tubular aluminum frames like folding lawn chairs. Weight must have been an issue for that aircraft.

Cabin noise was unbelievable.


11 posted on 09/22/2013 1:49:52 AM PDT by John Valentine (Deep in the Heart of Texas)
[ Post Reply | Private Reply | To 9 | View Replies]

To: John Valentine

lol


12 posted on 09/22/2013 1:51:46 AM PDT by GeronL
[ Post Reply | Private Reply | To 11 | View Replies]

To: Cowboy Bob

I had the image of people sitting on benches with ropes to tie together for seatbelts, probably had to let someone else hold the chicken cage while tying.

Maybe the image was a train in India, heh


13 posted on 09/22/2013 1:53:07 AM PDT by GeronL
[ Post Reply | Private Reply | To 10 | View Replies]

To: GeronL

I had heard rumors that some airlines sold standing room only, but I never witnessed it myself.


14 posted on 09/22/2013 2:15:26 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Cowboy Bob

lol


15 posted on 09/22/2013 2:17:19 AM PDT by GeronL
[ Post Reply | Private Reply | To 14 | View Replies]

To: John Valentine
Wife and I flew a sparkling clean DC-3 from Huatulco to Oaxaca, Mexico back in the 90s. The airplane was operated by “Air Liberdat.” I think there may have been 36 seats on board.
We flew slowly between the mountains, seemingly low enough so I could call down to people walking below. As we approached the airport in Oaxaca, the pilots cut the engines and we glided in to a soft landing and rolled perfectly to the thatched roof terminal.
It was like we'd stepped into another time...
16 posted on 09/22/2013 6:07:39 AM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
[ Post Reply | Private Reply | To 11 | View Replies]

To: Eric in the Ozarks

Strange you mention Huatulco. I’ve only been there once, on my sailboat in 1979. Of course the place was totally undeveloped at that time, no hotels, no golf course, no restaurants, just a few fishermen and a few thatched shacks on the beach.

Once we had set the anchor, my son, Chuck, swam in to the beach. The rest of us went in the dingy.

Later, we found someone in the little settlement with beer on ice. We took a few of them down to the beach to enjoy. A really beautiful spot. We asked the locals about all the three legged dogs we had seen in the area. The answer: sharks.

Chuck decided NOT to swim back out to the boat.

Just a bit of reminiscing.


17 posted on 09/22/2013 7:16:28 AM PDT by John Valentine (Deep in the Heart of Texas)
[ Post Reply | Private Reply | To 16 | View Replies]

To: John Valentine
There was just one hotel at the time in our visit to Huatulco, seemingly chopped right out of the jungle. It was offered as an all inclusive holiday setting with plenty of excellent seafood.

Swimming was about all there was to do outside the hotel. One day, I found myself surrounded by hundreds of tiny jellyfish, each no bigger than a quarter. Quickly exiting the surf, I escaped without a single sting.

There was a Club Med hotel about two miles away where rumor was certain “adult” activities took place. We never found out if this was factual...

Bored with the place, our hotel representative arraigned for the Huatulco trip which was an introduction to old Spanish customs and to the short, brown Indians of Mexico. Spanish was their second language.

Sadly, we just missed the Oaxaca Radish Festival.

18 posted on 09/22/2013 7:30:51 AM PDT by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
[ Post Reply | Private Reply | To 17 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson