Investment

Etihad seeks financing for plane deliveries

Shutterstock/Vytautas Kielaitis

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The Abu Dhabi-based carrier sent a request for proposals to lenders last week for the financing of Boeing 787s deliveries.

Thursday 07, February 2019 BY MUZORIWA KUDAKWASHE

Etihad Airways has approached banks to raise over $500 million to finance the delivery of four Boeing 787 Dreamliners it previously ordered, according to newswire, Reuters.

The financing is likely be provided by a consortium of Abu Dhabi banks, loans for 787s are said to have a maturity of 12 years.

TAGS : Etihad Airways, Boeing 787 Dreamliner

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