Emirates looks to Ex-Im for Boeing support

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

Emirates is in the market for US Export Import Bank (Ex-Im) financing to support its upcoming Boeing deliveries, according the export credit agency.

The airline will make a formal request for financing support on Thursday, Ex-Im says.

The carrier has two 777-300ER aircraft (MSNs 41081 and 41085) scheduled for delivery this month and in January.

The airline was approved on 30 May for Ex-Im funding covering a 777-300ER aircraft with General Electric engines. JP Morgan acted as the lender on the transaction. Nippon Export and Investment Insurance was the co-financing export credit agency on the 12-year deal.