Russian Lessor IFC Eyeing Alternatives to Bombardier | Aviation International News

Russian Lessor IFC Eyeing Alternatives to Bombardier

Financing barriers cloud prospects of CSeries, Q400 deals

Bombardier chairman Pierre Beaudoin (left) meets with IFC director general Alexander Roubtsov at the 2013 Paris Air Show. (Photo: Vladimir Karnozov)

By Vladimir Karnozov

April 9, 2015

Repeated delays to industrial programs and a change in attitude of Canada’s financial institutions toward funding sales of Canadian high-tech products to Russian clients rank among the main reasons Russia’s biggest aircraft lessor, Ilyushin Finance Company, has begun reconsidering its commercial commitments to the Bombardier CSeries and Q400 turboprop, according to IFC general director and co-owner Alexander Roubtsov.

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