Ilyushin Finance Enters Business Aviation Market

Ilyushin Finance Co. (IFC) is entering the business aviation market with plans to have some of the airliners it has on order for its lease portfolio outfitted with VIP interiors. For the most part, the aircraft to be offered for lease for private and corporate clients will be Russian-made airliners, such as the Tupolev Tu-204 and Antonov An-158, but IFC also has orders for new aircraft such as Sukhoi’s Superjet SSJ-100 and Irkut’s MC-21. IFC spokesman Andrei Lipovetsky told AIN that the move into the business aviation sector is in line with the group’s strategy of providing comprehensive, and sometime non-standard, solutions to clients. It recently reached an agreement for Novikombank to provide financing for a new Russian-made helicopter to be used for corporate transportation.

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