HSH Nordbank finances more Q400s

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

German bank HSH Nordbank has committed to the financing of six new Bombardier Dash8Q-400 aircraft.

The purchaser of all six aircraft is Hamburger Emissionshaus (HEH), which has leased the aircraft to British carrier Flybe for a period of 10 years.

After expiry of this first leasing period, Flybe has an option to extend the term for all six aircraft for two additional years.

HSH Nordbank says the size of the transaction is approximately $72 million.