Airlines

DATE:23/01/06
SOURCE:Airline Business
Russian loans for Cubana

Three Russian banks have agreed to lend Cubana $94 million, representing 85% of the price tag for two Ilyushin Il-96-300s. Cuba’s flag carrier plans to use these new 250-seat jets to replace two 30-year old Ilyushin Il-62s. The loan is organised by Roseximbank,which provides export credit.

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