Aeroflot to acquire 50 MC-21 aircraft in deal valued at USD 5bn

Shareholders of Russian´s flagcarrier Aeroflot have approved the Russian flag-carrier´s plans to lease 50 Irkut MC-21-300s in a deal valued at USD 5.0bn, the company said.

Aeroflot is leasing the aircraft from Avia Capital Services (ACS), the leasing arm of state-owned Rostec Corp. According to Aeroflot, the planned timeframe for delivery runs from the first quarter 2020 to third quarter 2026, subject to amendment and extension.

It is to take the aircraft through a leasing arrangement with state corporation Rostec´s Aviakapital-Servis division.

At least half of the 50 jets will be fitted with the Pratt & Whitney PW1400G powerplant.

Aeroflot is largest airline of the Russian Federation, operating domestic and international passenger and services, mainly from its hub at Sheremetyevo International Airport. Following the dissolution of the USSR, the carrier has been transformed from a state-run enterprise into a semi-privatised company that is 51%-owned by the Russian Government.