Russian Bank’s 737 Purchase Marks Entry Into Leasing Market

Sberbank of Russia entered the aircraft leasing business on April 4 on signing a deal for 12 Boeing 737-800 aircraft. It expects to place another order for 30-50 aircraft and foresees the near-term potential to lease more than 100 jets within the country. Herman Gref, Sberbank’s chairman and CEO...

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