Middle Eastern lessor International Airfinance has appointed parties to arrange debt and equity financing for Saudia's 50-aircraft Airbus order.
Quantum Investment Bank and Palma Capital will source financing for the Saudi Arabian flag carrier's 30 A320-200s and 20 A330-300s.
Saudia has agreed to acquire and lease the units.
Source: Cirium Dashboard
Leasing companies engaged in a legal battle with Saudi Arabian flag-carrier Saudia over aircraft payments have been denied access to documents held on the mobile phones of two senior executives of the carrier, including chairman and former director general Saleh bin Nasser Al Jasser. The long-running case centres on the ...
Six months after the Israeli-Gaza conflict began, leisure carrier Israir Group has restored its fleet to pre-war levels. The airline says it will have nine single-aisle aircraft available, 192 days since the outbreak of the conflict in October 2023. With this level of capacity, it adds, it will be able ...
Several flights bound for Dubai’s main airport have been diverted after thunderstorms brought torrential rain to the United Arab Emirates on 16 April. Operator Dubai Airports states that the “exceptional weather event” has forced the temporary diversion of inbound evening services, although departures have been able to continue. “The airport ...
