newstodate.aero
September 26, 2005 (newstodate): Compared to western counterparts, the Russian government finds no difficulties in supporting its domestic aircraft industry.
The Russian government has thus signed an instruction to provide a state guarantee to Roseximbank for USD16.6 million.
This relieves the bank of the risk in financing Ilyushin's sale of two IL-96-300 aircraft to Cuba.
Each aircraft will reportedly be furnished with a double cabin and a VIP-cabin for Fidel Castro!
The Russian government has thus signed an instruction to provide a state guarantee to Roseximbank for USD16.6 million.
This relieves the bank of the risk in financing Ilyushin's sale of two IL-96-300 aircraft to Cuba.
Each aircraft will reportedly be furnished with a double cabin and a VIP-cabin for Fidel Castro!