Ethiopian Airlines has financed a new Airbus A350 via a Japanese operating lease with call option (JOLCO).
The deal closed on 18 May. French bank Credit Agricole says it acted as overall arranger and facility agent.
BRED Banque Populaire and PK AirFinance were co-lenders with Credit Agricole.
PK AirFinance is acting as security trustee.
Source: Cirium Dashboard
Moroccan flag-carrier Royal Air Maroc has reinforced an engine maintenance partnership with French aerospace firm Safran, extending the capabilities of its Casablanca facility.
Long-haul budget carrier Norse Atlantic Airways is opening services to the South African city of Cape Town from London Gatwick later this year. It will start operating the route on 28 October, ahead of the southern hemisphere summer. Norse, which exclusively uses Boeing 787s, says it will serve Cape Town ...
Casablanca is poised to become a freighter conversion centre for Boeing 777-300ERs under a venture involving Kansas Modification Center. KMC is one of several organisations developing cargo conversion programmes for 777 variants. It is co-operating with Wichita State University and aerospace firm NIAR Werx, and has been aiming for US ...
