Boeing and Sberbank Announce Order for 12 737- 800s

Thu Apr 4, 2013 2:02pm EDT

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link

WASHINGTON,  April 4, 2013  /PRNewswire/ -- Boeing (NYSE: BA), Sberbank of 
Russia  and its wholly owned subsidiary, Sberbank Leasing, have reached an
agreement on an order for 12 Next-Generation 737-800s. The airplanes are
intended for operational leasing under Sberbank's contract with Transaero, one
of Sberbank's key corporate customers.

Valued at more than  $1 billion  at current list prices, the deal will help lay
the groundwork for developing an environment for finance and operational leasing
of imported aircraft in  Russia. Sberbank will follow international standards
for airplane leasing, allowing it to provide air carriers with modern,
world-class finance solutions.

"The agreement that we have reached today marks a very significant step forward
and is evidence of Sberbank's commitment to aviation financing. It substantially
contributes to the development of trade and economic relations between  Russia 
and the U.S.," said  Herman Gref, CEO and chairman of the board of Sberbank of 
Russia. "Sberbank will use our new 737-800s to give our corporate customers the
best service available in the aircraft leasing industry."

"Aviation has a proud history in  Russia  as does Sberbank," said  Shep Hill,
president of Boeing International. "Similarly Boeing's partnership with Russian
industry and the aerospace sector in particular date back over 40 years.  Boeing
is honored to have long and mutually beneficial relationships with outstanding
customers and partners and is now privileged to enjoy the support and confidence
of Sberbank as the bank moves into aircraft leasing."

"This is a historic milestone in our long-term relationship with Sberbank and
yet another strong endorsement of the 737," said  Marty Bentrott, vice
president, sales,  Middle East,  Russia  and  Central Asia, Boeing Commercial
Airplanes. "We are delighted Sberbank has chosen the Next-Generation 737 and its
market-leading performance, reliability and exceptional value for our

The Boeing 737-800 is one of the best-selling versions of the highly successful
Next-Generation 737 family, the most technologically advanced airplanes in the
single-aisle market. The Next-Generation 737's market success has been confirmed
by investors who consistently rank it as the most preferred single-aisle
airplane due to its wide market base, superior performance efficiency and lowest
operating costs in its class.  

Sberbank of  Russia  is the largest bank in  Russia  and Commonwealth of
Independent States. Sberbank Leasing, founded in 1993, is one of the leading
leasing companies in  Russia.  


Elena Alexandrova                                     Alexander Baziyan
Boeing                                                       Sberbank of  Russia
+7 495 797 3415                                       +7 495 957 5721      

SOURCE  Boeing

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.