AIRLINE SIGNS DEAL WORTH $80 MILLION WITH MCAP FOR 10TH AIRCRAFT THIS YEAR

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP May 5, 2011 08:39

AIRLINE SIGNS DEAL WORTH $80 MILLION WITH MCAP FOR 10TH AIRCRAFT THIS YEAR

Dubai’s first low cost airline, has secured financing worth USD $80 million, at list prices, with aircraft leasing company, MC Aviation Partners (MCAP); for the remaining B737-800NG aircraft the airline is due to receive this year. The eight year sale and leaseback agreement is for FlyDubai’s 10th new Boeing 737-800NG aircraft, fitted with the new Boeing Sky Interior and the airline’s revolutionary new in-flight entertainment system, to be delivered in 2011. The new aircraft will support FlyDubai’s continued capacity and network growth and is due for delivery in December. FlyDubai will issue an RFP for the airline’s 2012 financing requirements in the near future.

Tatsuo Sato, CEO of MC Aviation Partners Inc., said: “We are pleased to announce this transaction with FlyDubai, which has successfully laid the foundation for a valuable partnership.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP May 5, 2011 08:39
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Fairline-signs-deal-worth-80-million-with-mcap-for-10th-aircraft-this-year%2F"> registered </a> users can comment.