Rostechnology Finalises Order for 50 Boeing 737s

The State Corporation Rostechnology has finalised an order for 50 Next-Generation Boeing 737 airplanes. The order includes purchase rights for an additional 35 Next-Generation 737s.

The State Corporation's Supervisory Board approved the definitive agreement that was signed and announced on 17 September 2010 during the Sochi Investment Forum in Russia. The order is valued at $3.7 billion at average list prices. Rostechnology's order includes 15 Next-Generation 737-700s, 25 737-800s and 10 737-900ERs.

"The order of Next-Generation 737s by Rostechnology represents a substantial investment in our future and will accelerate the significant progress we are making in improving the global competitiveness and efficiency of our airline industry," said Roman Pakhomov, chief executive officer of Aviation Capital Services, aviation leasing division of Rostechnology. "This agreement continues to build upon the strategic partnership between Rostechnology and Boeing."

The economic benefits, comfort and operating efficiencies consistently demonstrated by the Next-Generation 737 directly support Rostechnology's plan to provide Russian airlines with efficient and reliable airplanes that will help them profitably grow domestic and international operations.

Rostechnology 737s will be delivered with the all-new 737 Boeing Sky Interior.

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