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USD 500 million agreement between Dubai Aerospace and US Ex-Im Bank

Dubai, United Arab Emirates - To finance the delivery of 10 Boeing aircraft

Dubai Aerospace Enterprise (DAE) signed a USD 500 million agreement with Export-Import Bank of the United States (Ex-Im Bank) to finance the delivery of 10 Boeing-manufactured aircraft. The airplanes will be then delivered to Emirates Airlines and Garuda Indonesia through purchase and leaseback deals. DAE group general manager Omar Bin Sulaiman said that "This is a successful financing deal for...

AVIONEWS - World Aeronautical Press Agency - 1103734
Rome, Italy, 04/29/2009 15:18
AVIONEWS - World Aeronautical Press Agency

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