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Air China closes 777-300ER financing

08 February 2012

The carrier closed the first delivery of an US Ex-Im package for four 777-300ERs .

Read more: US Ex-Im 777-300ER Air China BTMU HSBC

Air China has closed financing for the first of four 777-300ERs to be financed with US Ex-Im Bank guaranteed loans. The Boeing widebody delivered February 6.

BTMU is sole lender for the $135 million Ex-Im loan. Air China funded the...


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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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