Air China’s request to finance Boeing deliveries powered by CFM International engines has been referred to congress.

The Chinese carrier is set to finance some deliveries through Private Export Funding (PEFCO) as the guaranteed lender of the 12-year transaction, confirms the Washington DC-based agency.

Japan's Nippon Export and Investment Insurance (NEXI) is the co-financing export credit agency in the transaction.

Flightglobal’s Ascend Fleets show Air China is due to take 11 new Boeing 737-800s throughout the end of this year, including one unit from Air Lease. The Chinese carrier is also due to take three 747-8Is.

Source: Cirium Dashboard