Dubai, flydubai, Dubai's first low cost airline, has signed a deal to finance four Boeing B737-800 aircraft (worth US$320m list), with GE Capital Aviation Services (GECAS). The sale and leaseback agreement covers the aircraft due to be delivered to flydubai from Boeing in 2009, with two expected in July, one in October and one in December.
READ MOREParis, GE (NYSE: GE) and Abu Dhabi’s Mubadala Development Company today signed an extensive agreement that expands GE’s global network of engine maintenance, repair and overhaul (MRO) providers in the Middle East and further advances Mubadala’s plans to build a global MRO network centered in Abu Dhabi.
READ MOREAbu Dhabi, - General Electric (NYSE: GE) and Mubadala Development Company today announced the signing of their commercial finance joint venture agreement and establishment of a regional training center for next-generation business leaders, demonstrating significant progress on key aspects of a broader strategic partnership forged by the companies last year.
READ MOREDubai, DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), has secured a financing commitment with the Export-Import Bank of the United States (Ex-Im Bank) worth over US$500 million.
READ MOREEtihad Airways has agreed aircraft financing facilities worth more than US $210 million to acquire two new Airbus A340-600 wide-body aircraft to add to its expanding fleet.
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