News
20 December 2023

US Ex-Im covers $450m loan to Ethiopian Airlines

In:
Transport
Region:
Middle East & Africa

Ethiopian Airlines has secured an ECA-backed $450 million loan deal to finance the acquisition of five new Boeing aircraft. The deal consists of three Boeing 737-8 and two Boeing 777F (Cargo) planes.The loan, exclusively arranged by Citi, is set to be secured against the value of the five planes and...

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