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Dornier obtains further bridging financing

Frankfurt, Germany - Additional credit for its 30-seater aircraft

Fairchild Dornier, the Us-German short-haul aircraft manufacturer, is reported to have obtained an additional credit of USD 40m, to be invested in the assembly of its 30-seater aircraft, bringing the total bridging financing for the company to roughly USD 130m. The German state and the Land of Bavaria are each standing as guarantors for USD 22.5m out of the remaining USD 90m. By the end of June, the...

AVIONEWS - World Aeronautical Press Agency - 27307
Rome, Italy, 04/30/2002 14:28
AVIONEWS - World Aeronautical Press Agency

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