Indonesia looks to foreign banks to finance Sukhoi deal
By Jon Grevatt
31 August 2007
Indonesia's agreement with Russia to purchase six Sukhoi fighters will be dependent on loans from foreign banks as the Southeast Asian country cannot afford the aircraft, the Indonesian Ministry of Defence's (MoD's) Directorate of Procurement told Jane's on 30 August.
Under the deal that was inked between defence officials of the two countries on 21 August at Russia's MAKS 2007 aviation and space show, Jakarta agreed to purchase three Su-27SKM and three Su-30MK2 aircraft, with delivery expected in 2008-10.
Full story
http://www.janes.com/news/defence/jdi/jdi070831_1_n.shtml
By Jon Grevatt
31 August 2007
Indonesia's agreement with Russia to purchase six Sukhoi fighters will be dependent on loans from foreign banks as the Southeast Asian country cannot afford the aircraft, the Indonesian Ministry of Defence's (MoD's) Directorate of Procurement told Jane's on 30 August.
Under the deal that was inked between defence officials of the two countries on 21 August at Russia's MAKS 2007 aviation and space show, Jakarta agreed to purchase three Su-27SKM and three Su-30MK2 aircraft, with delivery expected in 2008-10.
Full story
http://www.janes.com/news/defence/jdi/jdi070831_1_n.shtml