IFC Signs LoI To Acquire 50 Q400s

Moscow-based leasing company Ilyushin Finance (IFC) has signed a letter of intent (LoI) to acquire 50 Q400 NextGen airliners from Bombardier. The aircraft would be assembled in Russia under a joint venture that may be created by Bombardier and Rostekhnologii (Rostec). The LoI was finalised at the MAKS 2013 Air Show.

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