Airbus returned almost $200 million to Aeroflot for undelivered Airbus A350 aircraft

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Despite the sanctions, Aeroflot was able to agree

Aeroflot CEO Sergei Aleksandrovsky said that Airbus had returned the advance payment to the airline for four Airbus A350s ordered back in 2007.

Aeroflot
Aeroflot

“ Last year we carried out such work – quite intense and interesting – with Airbus. As a result, we managed to agree on all the conditions, and in December 2022 we received a refund from Airbus in the amount of $199 million for four A350s. Oddly enough, despite the sanctions restrictions, we were able to reach an agreement ,” Aleksandrovsky said, talking to reporters at SPIEF 2023.

Airbus returned almost $200 million to Aeroflot for undelivered Airbus A350 aircraft

Now Aeroflot has seven A350-900s, they were received under a direct contract concluded in 2007. The whole deal involved the delivery of 22 of these aircraft. According to Aleksandrovsky, the airline has a “significant amount” stuck abroad – an advance payment for other aircraft, deductions from technical reserves and other payments. “ We are also doing this, but everything is not so positive there – I don’t know how our negotiations will end ,” he said, without indicating the exact amount.

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