Sunday 27 May 2012

gulfnews : flydubai secures aircraft financing worth $172m

Low-cost airline flydubai has signed with Pembroke, a subsidiary of Standard Chartered Bank, to finance two Boeing 737-800NG aircraft.
The eight-year sale and leaseback agreement represents financing of $172 million in list prices and follows the request for proposal (RFP) issued by flydubai for its 2012 aircraft funding requirements.
The two new aircraft will enter the flydubai fleet in June and July, increasing the low-cost carrier's capacity, while supporting network growth across the GCC, Middle East, North Africa, Indian Sub-Continent, Asia, and Central and Eastern Europe.

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