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Air India secures $475 million loan

12 May 2010

Standard Chartered Bank will provide a bridge loan for Air India to finance three Boeing 777-300ERs.

Read more: Air India Standard Chartered Bank short-term bridge loan Boeing 777-300ER

Air India has finalized a $475 million loan from Standard Chartered Bank to finance three of 15 Boeing 777-300ER...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards

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