Air Finance Journal Copying and distributing are prohibited without permission of the publisher

LAN to double aircraft expenditure in 2012

03 February 2012

The Latin American carrier will spend $1.76 billion on 23 new aircraft this year.

Read more: LAN Boeing Airbus

Santiago-based LAN Airlines is planning to double its expenditure on new aircraft in 2012. The company said in its annual results, published January 31, that it plans capital expenditure of $1.76 billion for a total of 23 aircraft in 2012. The carrier spent $841 million on new aircraft in 2011.

The airline will take...


Latest Deals Database Updates

Avolon / 06-13 / Aircraft Sec. Loan / 1x737 14/06/2013
Borrower AVOLON
Overall Arrangers Natixis
Assets 737-800
malaysia Airlines / 06-13 / JOL / 2x737 11/06/2013
Borrower Malaysia Airlines
Overall Arrangers
Assets 737-800
Volaris / 06-13 / IPO / - 11/06/2013
Borrower Volaris
Amount $m400
Use of Proceeds General corporate purposes

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.


Upcoming Events