UTair refinance four Mi-26 helicopters

UTair refinance four Mi-26 helicopters

4-Jun-2013 Source: UTair

[electronic translation] OJSC “Airline” UTair »(UTair Aviation) and” Alfa-Leasing “implemented a deal to refinance the acquisition of four Mi-26T. The project is implemented with the support of “Alfa-Bank”, acting as a financing bank. The Mi-26T, “UTair” operated under commercial contracts with Russian oil and gas companies in Western and Eastern Siberia, and are used to service the UN peacekeeping missions around the world.

“UTair” has diverse experience in the art of aircraft finance in Russia and abroad. “Deal with” Alpha Leasing “is a landmark because of many years of work on the aircraft leasing market is our first project for the refinancing of the unique and sought after major customers in the oil and gas industry of the Mi-26T. I am confident that the implementation of the transaction will give another boost to the development and promotion of domestic aircraft leasing helicopters, “- said the chief financial officer of OJSC” Airline “UTair” Igor Petrov.

“The scale helicopter business,” UTair “traditionally holds a leading position in Russia and in the world, and we, being one of the largest leasing companies in Russia, it is nice to work with a company that level,” – said the managing director of GK “Alpha Leasing” Victor logins.

“UTair” and “Alpha Leasing” plan to further interaction. Currently, the companies are discussing the possibility of financing the project for the acquisition of aircraft Boeing, as well as other types of helicopters of Mil and Eurocopter.

The group of companies “UTair”  includes both the companies involved in the operation of aircraft (airplanes and helicopters), and conducting repairs and maintenance, training, service support flights, sell air. The core of the group is of “Airline” UTair “. The group also includes the company “UTair-Express”, “UTair-Ukraine”, “UTair-Cargo”, “Turuhan”, “Nefteyuganskiy of”, “East», Helisur, UTair Europe, UTair South Africa and UTair India, as well as ‘Vehicle Technician “and” UTair-Engineering “and others. The headquarters of the group is located in Surgut. Units are located in Surgut, Tyumen, Khanty-Mansiysk, Moscow and other cities of Russia and the world.

“Alfa-Leasing” – a universal leasing company. Founded in March 1998, one of the largest leasing companies in Russia. For 2012, the leasing portfolio of the company exceeded 63 billion rubles. The volume of new business in 2012 amounted to 37 billion rubles. The company’s clients include major companies in the segment of rail, air, recycling and mining industries, as well as small and start-up companies. “Alfa-Leasing” offers financing services complex technological equipment, real estate and other major assets.

 

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