NO. 33


Financial and Banking News

Bank Finance

Emirates Airlines Receives Finance for another Aircraft

MEES understands that Mitsubishi Bank and Dubai-based Emirates BankInternational (EBI) have financed the purchase of one Airbus by EmiratesAirlines of Dubai. Mitsubishi declined to confirm or deny reports of thefinancing, which is believed to be for about $80mn and forms part of Emirates'ongoing expansion program. The airline is very sensitive about publicitysurrounding its...