Aeroflot to buy 22 Airbus airliners

Aeroflot to buy 22 Airbus airliners
Aeroflot, the Russian national airline  and the country’s  biggest carrier, has signed an agreement with Airbus corporation  to purchase 22 A320 XWB wide-bodied jets.

At the same time, Russia’s United Aircraft Building Corporation, signed a deal with an Airbus parent company, EADS aerospace corporation, according to which Russian aircraft manufacturers are set to execute 5% of work in building the new Airbus A350 wide-body airliner.  

Development of the new airliner is expected to hit $ US15 BLN. 

Also, Airbus will set up a German-Russian joint venture to convert its A320 jets into cargo planes.