InterJet closes ECA financing on A320s

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

InterJet has closed the financing of two new Airbus A320s with an Export Credit Agencies guaranteed facility.

The Mexico-based carrier mandated Crédit Agricole-Corporate Investment Bank (CA-CIB) for two deliveries equipped with CFM56-5B4/P engines. CA-CIB acted as the sole underwriter, arranger and agent of the 12-year ECA guaranteed financing.

Last year InterJet mandated the French bank as financial advisor to assist on the financing of Airbus A320 aircraft on order from Airbus. The low-cost carrier was originally scheduled to take two additional A320s from Airbus in 2009 and two more in 2010, but it elected in late 2008 to defer all its 2009 and 2010 deliveries due to the economic slowdown and the tightening of credit markets.

Interjet operates 33 A320s. According to Flightglobal's Ascend database, the carrier is due to receive two A320s in 2012, four in 2013 and another two in 2014. Next year, Interjet will also receive the first of 15 SuperJet 100s.