International AirFinance Corporation (IAFC) has picked two banks to arrange a $400 million Islamic loan to finance the provision of five aircraft, one of the arrangers of the facility said on Sunday.
National Bank of Abu Dhabi and
The National Bank of Abu Dhabi (NBAD) and aircraft manufacturer Boeing have signed an agreement to develop aircraft financing and leasing opportunities of mutual benefit in the Middle East market.
The memorandum of understanding effecti
While the Middle East continues to emerge as a source of opportunities for aircraft financing capital, chances for additional aircraft investment remain untapped, said an expert.
“The Middle East remains a robust area for the aircraft inve
Flydubai, Dubai’s first low cost airline, has secured aircraft financing worth more than $750 million from Gecas (General Electric Capital Aviation Services) and BBAM.
The financing will take care of the next nine aircraft flydubai is