Ilyushin Finance, VTB in talks on $139 mln loan

BANGALORE, February 11 (RIA Novosti) - Russian leasing company Ilyushin Finance is in talks with VTB on a 5 billion-ruble ($139 million) loan needed to meet aircraft contracts supply, the president of the United Aircraft-Building Corporation said on Wednesday.

"Together with the Ilyushin Finance Co., we are planning to turn to the Russian government and a number of commercial banks for loans needed to implement contracts for aircraft supplies. We are in talks with VTB on a 5 billion-ruble loan," Alexei Fyodorov said at the Aero India-2009 exhibition.