Announcement

Collapse
No announcement yet.

Sukhoi, Armavia deadlocked over SuperJet

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Sukhoi, Armavia deadlocked over SuperJet

    RosBusinessConsulting Database, Russia
    August 17, 2012 Friday 3:35 AM EST

    Sukhoi, Armavia deadlocked over SuperJet


    Sukhoi Civil Aircraft is considering filing a lawsuit against Armavia
    in a bid to recover debts for the two Sukhoi SuperJet 100 (SSJ-100)
    aircraft ordered by the Armenian airline, RBC Daily reported today.

    Two Armavia SSJ-100s are currently grounded at Sukhoi Civil Aircraft's
    test facility in the Moscow Region airport of Zhukovsky, where they
    are scheduled to undergo maintenance works, but Armavia has yet to pay
    for them, Sukhoi's Vice President Yevgeny Konkov said without
    elaborating on the size of the debt, adding that Sukhoi could not
    confiscate the aircraft, since are being held under pledged by an
    Armenian bank.

    Moreover, state-owned VEB offered to refinance Armavia's debt through
    an eight-year 40m loan, but Armavia rejected the deal in early August,
    claiming that it wants to return the two planes and that it had no
    outstanding obligations to Sukhoi.

Working...
X