Indonesia prefers Russian helicopters
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[March 29, 2006]

Indonesia prefers Russian helicopters

(UPI Business News Via Thomson Dialog NewsEdge)Indonesia prefers Russia's Mi-17 helicopters for modernizing the Asian nation's chopper fleet and plans to spend $200 million buying the aircraft.

News of Jakarta's preference means a loss for Boeing Co.'s Chinook helicopter, which Indonesian military personnel had been considering, MosNews reported.

The preference for Mi-17 aircraft may have been helped by the Kremlin's willingness to loan $1 billion to Indonesia at a favorable rate.

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