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Swiss: obtained the loan of new aircraft

Basel, Switzerland - It amounts to CHF 450m

"Swiss has dealt with the banks the pre-loan of 12 new Airbus A-340 in order. The carrier has been able to sign with a society of sale-leaseback for the loan of 7 Embraer 145s. These contracts let disposable for Swiss cash for an amount of CHF 450m. For the 12 Airbus A-340 in order, the banks have given to Swiss a "Pre-Delivery Facility": it is a credit line that allows to the carriers to have at...

AVIONEWS - World Aeronautical Press Agency - 37737
Rome, Italy, 12/23/2002 15:58
AVIONEWS - World Aeronautical Press Agency

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