April 12, 2012
Russian privately owned airline Transaero has secured financing from state bank VEB to buy four A380s from Airbus, a key step towards completing the USD$1.58 billion deal.
Transaero, Russia's second biggest carrier after state-controlled Aeroflot, provisionally agreed to buy the aircraft last year, becoming the first Russian airline to order the double-decker superjumbo.
It plans to use the jet for long distance flights and will seat 700 people across three classes, according to Airbus.
The move comes in the same week as Transaero finalised a deal to buy four 787-8 Dreamliners from Boeing worth USD$744 million at list prices.
