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UTair shareholders approve $3bln deal with Boeing

September 26, 2011, 16:12 UTC+3

The contract exceeds 3 billion dollars on the catalogue prices

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MOSCOW, September 26 (Itar-Tass) — Shareholders of Russia’s air carrier UTair Aviation based in Khanty-Mansiysk has approved a deal with Boeing on the supply of 40 next generation Boeing 737-800/900ER, according to the company’s press service.

The contract exceeds 3 billion dollars on the catalogue prices.

The two companies signed the contract in summer on the sidelines of the Paris air show at Le Bourget.

Under the contract UTair Aviation will get 33 Boeing 737-800 and 7 Boeing 737-900.

UTair Aviation is in the top three largest air carriers in the CIS.

In compliance with the air carrier’s business plan, in 2011 UTair Aviation will carry more than 7 million passengers.

UTair Aviation has more than 200 planes in its fleet, including 23 Boeing 737-500, 8 Boeing 737-800, 7 Boeing 737-400 and 4 Boeing 757-200.

The company’s biggest shareholder is Non-Governmental Pension Fund Surgutneftegaz.


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