Russia’s UTAir Gets Loan from HSBC

Aviation International News » October 2012
October 4, 2012, 3:05 AM

Russian operator UTAir has secured a seven-year loan from British bank HSBC, on a security of French insurance agency Coface. It has thus become “the first Russian airline receiving insurance wrap from an international export agency for purchasing helicopters,” claims UTAir. The contract is for 19 Eurocopter AS350/AS355 Ecureuil/AStar singles.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X