DAE Capital seeks 777 Ex-Im financing

Source: Flightglobal.com
This story is sourced from Flightglobal.com

Dubai-based lessor DAE Capital will ask for export credit agency support to help finance a Boeing 777F delivery expected this year.

The lessor will seek financial guarantees at a meeting scheduled for 5 February. No further details were provided about the financial request.

According to Flightglobal's Ascend Online database, the aircraft will be delivered in December and is on lease to Emirates.

In November 2011, DAE Capital agreed to lease nine new Boeing 777 freighters to Emirates' SkyCargo operation, under a long-term agreement.

The aircraft will be taken from DAE's order book with Boeing and delivered in 2012-15.