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. Last Updated: 07/27/2016

Tupolevs to Egypt?

MOSCOW () -- The Russian government is considering extending a $30 million loan guarantee that would permit Egypt to buy 30 Tupolev Tu-204 passenger jets, Itar-Tass said Friday, quoting officials at the Economics Ministry.

The guarantee is apparently being sought because of the precarious financial state of Russian aviation concern Aviastar, which has virtually halted production.

A decision on selling the jets would be made by Sept. 15, the agency said.