Buyers do not want to take the SSJ100 without warranty of Rostec

In 2018, Aeroflot signed a contract with “Civil planes Dry” (GSS) for the supply of 100 SSJ100. Now this is the only ordering on the Russian plane. But to buy the Navy is not the “Aeroflot” and the leasing companies of state banks with the subsequent transfer of ships of the airline lease.

SCA – subsidiary of the United aircraft Corporation (UAC), which, in turn, belongs “Rostechnadzor”. This year the GSS was to supply Aeroflot with the first 10 boats. The planes are built, but still none is handed over to the airline.

Start of deliveries was delayed because the state Corporation “rostec” for a long time have agreed to guarantee the residual value of the aircraft, told “Vedomosti” two people close to the KLA and to the group of “Aeroflot”, and three people close to leasing companies state-owned banks. Guarantee of the residual value gives the buyer the right after a certain period (usually 10-12 years) to sell the aircraft back to the manufacturer (or the guarantor) for a certain part of the cost of new. It is common in the world practice promotion tool of new aircraft.

Without a residual value guarantee banks refuse to Finance the purchase of the SSJ100, telling three interlocutors. Need is guarantee of Rostec, since the manufacturer’s warranty, GSS, given its severe financial condition useless, add two of the interlocutor.

Resolved, that guarantee the residual value will give the GSS under the guarantee of Rostec, told “Vedomosti” representatives of the state Corporation and the Ministry of industry and trade. The budget in this warranty is not provided, said the Ministry spokesman. This tool allows you to increase the market appeal of the aircraft, said the representative of the Ministry of industry and trade. The guarantee in this case will allow the customers of the SSJ100 to sell it after 12 years (the term of the lease “Aeroflot”) back 40% of the purchase price, lowerAut representatives of Rostec and the Ministry of industry and trade.

the Price of the SSJ100 not disclosed. Now, a single aircraft is approximately $33 million, said two people close to leasing companies. Thus, all ordered “Aeroflot” the party will cost about $3.3 billion, and rostec will guarantee repurchase of approximately $1.3 billion.

Informed of this mechanism in the sales of the Sukhoi Superjet 100 was used little. The KLA itself is guaranteed redemption at a specific price the first 20 ships that “VEB-leasing” has put “to Aeroflot” in 2011-2014, as well as seven ships which VEB has put in 2016-2017 Irish CityJet, said a person close to the KLA, and Manager of one of the leasing companies.

All GSS to put 2011-2018 163 new SSJ100, including 50 – “Aeroflot”. The largest buyer of the Sukhoi Superjet 100 since 2015 is the State transport leasing company (gtlk). She ordered 44 aircraft this year put the last five of this party. The STLC for the purchase of aircraft dokapitalizatsii from the budget, so her guarantee is not needed, explain the interlocutors of “Vedomosti”.

the SSJ100 program in recent years are getting worse: foreign no orders, on the contrary, CityJet, not only did not take the rest of the ordered 15 vessels, but this year refused from operation and available seven due to low RAID. Mexican Interjet also did not take the last eight of the ordered 30 ships and looking for a buyer for located in the Park 22 SSJ100. The fact is that the plane flies very little due to poor delivery system parts. Average flight SSJ100 in Russia in 2018 amounted to only 3.6 h per day. Medium-haul Airbus 320 and Boeing 737-800 flew Russian airlines an average of 10 and 11 hours per day respectively.

In 2018-2019, it was discussed that 100 SSJ100 will supply Aeroflot “VEB-leasing”, “Sberbank leasing” and “VTB leasing”, RAskazali “Vedomosti” two people close to the KLA. In October, the Chairman of VEB.Of the Russian Federation Igor Shuvalov said that the whole deal is organizing this Corporation. But “Sberbank leasing” and “VTB leasing” is still considered the opportunity to participate in the deal, says the source in the KLA and a person close to one of the state-owned banks.

“the Delivery of 10 aircraft this year was to organize the “VEB-leasing” and “Sberbank leasing”, but Sberbank is a positive solution has not yet been adopted, so the GSS this year in the best case to put “to Aeroflot” five vessels”, – said the source in the KLA. Therefore, 2019 will be the worst for the SSJ100, with the exception of the start of the program in 2011, he was transferred to the operators of five new vessels in all the other years of delivery ranged from 12 to 30 pieces.

“the Supervisory Board of VEB.The Russian Federation adopted the decision on financing the supply of five aircraft Sukhoi SuperJet leasing “Aeroflot”, the implementation of the transaction is expected in 2019″ – promises a representative of the VEB.Of the Russian Federation. The representatives of Sberbank, VTB, Aeroflot and Sukhoi civil aircraft declined to comment.