Russia’s UTAir Gets Loan from HSBC

Aviation International News » October 2012

by  Thierry Dubois

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.

Tags: AircraftAviationEurocopter EcureuilTransportUTair AviationEurocopter AS350AstarEurocopter AS355EurocopterCompagnie Française d'Assurance pour le Commerce Extérieur

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Rotorcraft Aircraft
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