Russian UTair airline (UT) has signed a leasing agreement with Sberbank Leasing Co., for two Boeing 737-800s and five 737-500s for five years, in a deal estimated to be worth $100 million. According to a UT statement, the aircraft were delivered at the end of 2011.
Sberbank Leasing said one of its main company strategies is to strengthen positions in the aviation market. After the first nine months of 2011, the company had a backlog worth more than RUB202 billion ($6.5 billion).
UT operates a fleet of more than 200 aircraft, including 25 737-500s, nine 737-800s, six 737-400s and four 757-200s. In 2011, UTair group (which includes airlines and helicopter operators) carried 6.75 million passengers.