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Aeroflot Official: Boeing Deal on Hold

Thursday, February 22, 2007 2:05:44 PM
By ALEX NICHOLSON

 Visiting aviation-industry journalists stand in the lobby of Boeing Co.'s new "787 Dreamliner Gallery" near a model of the plane in this Dec. 6, 2006 file photo, in Everett, Wash.  Talks on a multibillion-dollar deal for Russian state flag carrier Aeroflot to buy 22 Boeing 787s are on hold and frosty relations between Russia and the United States could be to blame, a Russian airline official says Thursday. (AP Photo/Ted S. Warren, file)MOSCOW (AP) - Talks on a multibillion-dollar deal for Russian state flag carrier Aeroflot to buy 22 Boeing 787s are on hold, and frosty relations between Russia and the United States could be to blame, a Russian airline official said Thursday.

Aeroflot management last year asked the government — the company's controlling shareholder — to approve a deal to upgrade its long-range fleet by buying 22 Boeing 787s and an equal number of Airbus A350s. Chief Executive Valery Okulov said later that no permission had been received and a deadline for the deal had been missed, though a Boeing spokeswoman said talks were continuing.

Aviation analysts have valued the Boeing order at $2.5 billion.


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