Russia’s Sberbank Enters Aircraft Leasing with Boeing Order | Aviation International News

Russia’s Sberbank Enters Aircraft Leasing with Boeing Order

Boeing International president Shephard Hill, left, and Sberbank CEO Herman Gref sign an order for 12 Boeing 737-800s in Washington, D.C. (Photo: Bill Carey)

April 8, 2013

Sberbank, Russia’s largest bank, took what executives describe as an historic first step into aircraft leasing last week as it ordered 12 Boeing 737-800s. Expected to spur further financing and leasing of imported aircraft in Russia, the transaction calls for the bank’s Sberbank Leasing subsidiary to place the airplanes with Moscow-based Transaero Airlines.

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