Qatar secures aircraft financing deals
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Qatar Airways has struck two deals worth US$500 million for the financing of three Boeing 777 aircraft. The Doha-based carrier appointed Calyon and Natixis Transport Finance to arrange the financing of two recently-delivered Boeing 777-300ER aircraft. In addition, the airline has appointed Arab Bank, Calyon, Europe Arab Bank, ING Bank and Natixis Transport Finance as arrangers for the financing of one Boeing 777-200LR aircraft due to be delivered in Spring 2009.
Qatar added that both transactions were successfully closed at the peak of the financial crisis.
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