AZAL inks new deals with leading aircraft manufacturers at Farnborough Airshow – 2016

Baku, July 14, AZERTAC An Azerbaijani delegation headed by President of CJSC Azerbaijan Airlines (AZAL), Jahangir Asgarov has reached important agreements with leading aircraft manufacturers within "Farnborough Airshow - 2016" in the Great Britain. Azerbaijani side has held negotiations with major aircraft manufacturers as Boeing, Ilyushin, Antonov and others, the press service of AZAL said. At a meeting with Boeing Senior Vice-President Martin Benrott and Sales Director of the Corporation, Serdar Gurz, the possibility of supply of 10 Boeing 737 MAX aircrafts in 2018-2020 was discussed. On the same day, the third round of negotiations was held with Mikhail Gvozdev, head of the Board of the Corporation "Ukrainian Aircraft Manufacturing Company" and President of "Antonov" state enterprise, Alexander Kotsuba on the project of organization of manufacture and maintenance of An-178 transport aircrafts on the territory of Azerbaijan. President of Azerbaijan Airlines Jahangir Asgarov and Director General of JSC Ilyushin Finance Co., Alexander Rubtsov also held negotiations on leasing of MC-21 aircrafts. In June, the parties signed a letter of intent on leasing of 10 new MC-21 medium-range aircrafts. Delivery is scheduled for 2019-2020. At this meeting, a contract was also signed for financial lease of the world's largest serial cargo aircraft An-124-100 (Ruslan). The contract was signed by Silk Way Holding President Zaur Akhundov and Director General of JSC Ilyushin Finance Co. Alexander Rubtsov with the participation of Jahangir Asgarov and the United Aircraft Corporation (UAC) President Yuri Slusar. "Purchasing An-124-100 (Ruslan) aircraft will become a new stage of development of Azerbaijani civil aviation, will allow increasing competitive advantage and strengthening our country's position in the world air cargo transportation market. Over the past 10 years, we have turned the Heydar Aliyev International Airport into a major air cargo transportation hub. Today, Azerbaijani civil aviation presented itself as an official airline of the Great Silk Road project connecting East and West. We make every effort to achieve the same success in passenger transportation," Jahangir Asgarov said.