JP Morgan provides short-term financing for VRG maintenance project

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

JP Morgan is providing short-term funding for a maintenance project to support VRG Linhas Aereas, a GOL subsidiary.

The financing, which is being supported by the US Export Import Bank, carries a two-year repayment term, according to the export credit agency.

Delta Technology is the "exporter" and "supplier" on the maintenance project, according to Ex-Im.