VOL. XXXVI

NO. 47

23-AUGUST-1993

Financial and Banking News

AIR FINANCE

Gulf Air To Receive Two A320s And Two 767s By Year End

Gulf Air is to receive two more A320s in September and October, bringing toeight the number in its fleet. Financing is being arranged by Banque Indosuezand Dresdner Bank using European export credits. Four more A320s are due fordelivery in 1994. The airline recently mandated Chemical Bank to arrangefinancing for two 767-300s due for delivery in November and December. The...