A framework agreement on the establishment of a leasing company to support sales of Sukhoi Superjet 100 aircraft in China and South-East Asia has been signed in Moscow. The parties to the agreement are the Russia-China Investment Fund (RCIF), Sukhoi Civil Aircraft Company (part of United Aircraft Corporation), Xixian New Area Administrative Committee and New Century International Leasing from China. The agreement is supported by the Russia-China Intergovernmental Commission.
The Russia-China leasing company, as agreed, during the next three years will purchase up to 100 SSJ100s from Sukhoi Civil Aircraft Company amounting approximately to $3Bn. This order is significant the 306 SSJs ordered to date – 58 have been delivered.
The new leasing company will be headquartered in the Sino-Russia High-Tech Innovation Park (SHIP) in Xixian, Shaanxi, a PRC aviation industry center. The local municipal administration will assist by providing land to create the infrastructure required to accommodate and maintain the SSJ100 jets.