Financial and Banking News
GIB And Chase Lend $56mn To Gulf Air
Gulf International Bank and Chase Manhattan Bank have lent Gulf Air $56mn forshort term pre-delivery financing for two Boeing 767-300ER aircraft which willbe delivered in November and December this year. The facility, which was signedat the beginning of July, was jointly provided by the two banks.
On 2 July Gulf Air took delivery of a new Airbus A320, taking the totalnumber of aircraft...