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. Last Updated: 07/27/2016

Dalavia Seals $170M Superjet 100 Deal

Itar-TassA worker at the Sukhoi plant assembling the nose section of a Superjet 100. The first planes will be completed 2007.
Dalavia, an airline based in the Far East, has signed a $170 million deal to buy six Superjet 100 regional planes with an option to buy a further four jets, plane maker Sukhoi said Tuesday.

The Superjet 100, a project to build a family of regional airliners, has drawn investment or participation from several major companies including Boeing, Italy's Finmeccanica and French engine maker Safran.

Sukhoi, better known as the producer of the country's best-selling jet fighters, said Dalavia would receive two 95-seat Superjet 100s in 2008 and another four airliners in 2009.

Dalavia had earlier planned to buy 22 Superjets, which are designed to replace Russia's fleet of obsolete, Soviet-era Tupolev Tu-134 and Yakovlev Yak-42 planes.

The government plans to merge Dalavia with the nation's flag carrier Aeroflot. Aeroflot plans to purchase 30 Superjets.

Aeroflot expects its net profit to rise to over $200 million this year from $189.8 million in 2005, CEO Valery Okulov said Tuesday.

"It has been a good year," Okulov told reporters. "[We expect] a net profit of more than $200 million calculated to the International Accounting Standards."

In a separate development, the Sheremetyevo board of directors will consider the sale of 25 percent plus one share of Terminal, the wholly owned airport management subsidiary of Aeroflot, at a meeting Dec. 25, company general director Mikhail Vasilenko said Tuesday, Interfax reported.

Terminal was created by Aeroflot to oversee the construction and management of Sheremetyevo's third terminal, its web site reported.

(Reuters, MT)