Air Arabia plans $450million loan

Victoria
By Victoria May 9, 2013 14:11

Air Arabia plans $450million loan

Air Arabia is planning to secured a loan of between $400 million to $450 million to finance aircraft delivering from next year until the end of 2015.
The airline will receive 10 planes next year and is planning to order more in the next 18 months.
Air Arabia’s net income rose 56 percent to 419.5 million dirhams ($114 million) in 2012.

Victoria
By Victoria May 9, 2013 14:11
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