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How much is a Tu-160 worth?

Pricing of the Ukraine/Russian Tu-160 deal becomes a little clearer

Published: 8/11/1999

Another report has confirmed that an agreement has finally been reached between Russia and the Ukraine (www.concise.org. August 9th 1999), in which the Ukraine will supply Tu-160 Blackjack strategic bombers to Russia, to help pay off its debts to Gazprom. According to Moscow-based Ekho Moskvy radio, the total debt owed to Gazprom runs to $1.8 billion. It suggests that additional military aircraft and some types of missile systems may be included in the deal which, according to former Russian Deptuy Prime Minister, Ilya Klebanov, should be finalised by the end of 1999. However, former Deputy Defence Minister, Nikolay Mikhaylov, cautioned that Russia and the Ukraine have significantly different ideas of today's prices, running from tens to hundreds of millions of dollars.

Article ID: 750

 

 

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