|Quoting PanAm747 (Reply 1):|
Good for Ilyushin, but where is Cubana getting the cash to pay for these airplanes?
"To finance the deal, Cuba has paid 15% of the total sum up front, the rest coming from a 10-year loan from Russian banks."
They get the cash from their oil exports. With the current price of crude oil beating records, oil gives you lots of money to buy planes.
Saludos desde Caracas,
|Quoting PanAm747 (Reply 8):|
Sounds like Uncle Hugo is giving Uncle Fidel a little spending cash. I don't recall Cuba having major oil exports...