Emirates Signs $108Mn Deal For Airbus Financing
Emirates airline has signed a $108mn financing agreement with Standard Chartered Bank for a new Airbus 340-500 aircraft. The loan, which will be repaid over 12 years, was arranged and funded by Standard Chartered, with Bank of Tokyo and Mitsubishi and Lloyds TSB Bank acting as co-arrangers. The new aircraft will be the fifth of its kind in the Emirates fleet and will be used for long-distance services,...
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