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Air India to get BCC loan

04 October 2012

Boeing Capital Corporation will provide stop-gap loan for the carrier’s third 787.

Read more: 787 Boeing Capital Air India

India’s flag carrier Air India is getting a stop-gap loan of around $100 million from Boeing Capital Corporation (BCC) to finance its third 787, a source at the carrier...


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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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