Los Angeles, International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today the purchase and leaseback transaction with Emirates airline for four new Boeing 777-300ER aircraft. Deliveries are scheduled to begin this month and will be completed by January 2013.
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Transaero Airlines, Russia’s second largest airline, has completed a purchase agreement with Airbus for four A380 aircraft. The agreement was signed today by Olga Pleshakova, Transaero Airlines' chief executive officer and Christopher Buckley, Airbus’ executive vice president Europe, Asia and the Pacific on the first day of the Saint Petersburg International Economic Forum
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Dubai, flydubai, Dubai’s low-cost carrier, has signed with Pembroke, a wholly owned subsidiary of Standard Chartered Bank specialising in aircraft leasing, financing and management services, to finance twoBoeing 737-800NG aircraft.
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Washington, D.C. The Export-Import Bank of the United States (Ex-Im Bank) today announced a new policy to increase U.S. aviation-industry exports. Ex-Im will now finance transactions of U.S.-produced goods and services for aftermarket (post-manufacturing) use on foreign-manufactured aircraft.
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The Iraqi Government represented by the Council of Ministries gave the go ahead to the Ministry of Finance to grant Iraqi Airways interest free interest loan of US dollars 300 million with ten years repayment terms for the acquisition of new aircraft, according to a local Iraqi Aswat Al-Iraq paper.
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Paris, Amstelveen, Air France Industries and KLM Engineering & Maintenance, (AFI KLM E&M) was recently awarded a number of engineering projects by International Lease Finance Corporation (ILFC). The modification projects include a wide range of work for A320 and A330 aircraft, including cabin, avionics and material management.
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Garuda Indonesia, the national carrier of Indonesia, has placed a firm order with Airbus for 11 more A330-300 widebody aircraft. The contract was signed today in Jakarta by Emirsyah Satar, President & CEO, Garuda Indonesia and Tom Williams, Executive Vice President, Programmes, Airbus, in the presence of Indonesian President Susilo Bambang Yudhoyono and visiting British Prime Minister David Cameron.
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