Aircraft
Russian Banks Plan Massive Regional Airline Project
Sberbank and VTB have committed to funding a fleet consisting of Superjets and Il-114s.

Russia’s two biggest financial institutions plan to fund the creation of a “monster” regional airline to fly from several airports across the country using Sukhoi Superjets and Ilyushin Il-114-300 turboprops among other locally assembled models. The banks, namely Sberbank and VTB, have advanced the plans over the past two months as a means to support local aircraft production and connect “socially important” destinations across the vast territory.


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