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Etihad closes $367 million engine deal

11 January 2012

The Abu Dhabi airline has completed a sale/leaseback transaction for 23 spare engines.

Read more: Etihad Airways ELFC Sanad

Etihad Airways has closed a $367 million sale/leaseback deal with Engine Lease Finance Company (ELFC) and Sanad Aero Solutions for 23 spare engines. The engine portfolio includes narrowbody and widebody...


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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