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China Eastern mandates finances leases

08 December 2011

Industrial and Commercial Bank of China (ICBC) will finance four Airbus aircraft for the Shanghai-based carrier.

Read more: China Eastern ICBC finance lease A320 A330

China Eastern has mandated Industrial and Commercial Bank of China (ICBC) to finance four Airbus aircraft delivering next year.

ICBC is sole lender for two A330s and two...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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