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​Royal Air Maroc assessing 787 bids

Royal Air Maroc is reviewing financing offers for one Boeing 787 set for delivery in March next year, a source familiar with matter tells FlightGlobal.

A request for proposals was sent out by the airline earlier this year, the source adds.

The Moroccan flag carrier has typically used US Ex-Im Bank-guaranteed debt to fund its aircraft. However, that export credit agency is currently unable to authorise loans above $10 million. FlightGlobal understands that Royal Air Maroc has been using local banks to finance some of its recent deliveries and may choose to do the same for this Dreamliner, but that at least one international bank has submitted a financing bid.

It is not clear if the airline has been seeking bridge financing in anticipation of Ex-Im Bank being able to guarantee aircraft debt again. The US ECA is set to be reauthorised in November.

Royal Air Maroc was not available for immediate comment.

The carrier operates four 787s, with the unit arriving next year the last it has on order, Flight Fleets Analyzer indicates.

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