The Russian government will provide a $146.2 million subsidy to the State Transport Leasing Co. (STLC) based on a decision signed Oct. 2 and published by the government Oct. 4. The support will allow the company to keep lease payments and conditions for the airlines, said the government in a statement. STLC intends to purchase Sukhoi Superjet 100 aircraft and lease them to Russian regional airlines such as Rostov-on-Don-based Azimuth for deliveries between now and the end of ...

Subscribe to Access this Entire Article

"Russian government to inject $146.2 million into state lessor " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.