Airbus, VEB Leasing sign memorandum on mutual understanding

ZHUKOVSKY /the Moscow Region/, August 17 (Itar-Tass) —— Airbus and VEB-Leasing signed on Wednesday a memorandum on mutual understanding in aviation leasing and financing.

Under the memorandum, Airbus and VEB-Leasing plan to exchange experience, expertise and information in financing of aviation equipment, including structuring of deals in operational and financial leasing, and on portfolio management.

Besides, VEB-Leasing will support Russian aviation companies in attracting funds for early payments and for payments for supplies of new aircrafts like Airbus and of used aircrafts, where European export credit agencies participate.

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