Dubai-based flydubai has signed an agreement for $228 million with five regional and international banks to finance six new Boeing 737-800 aircraft. This financing is for two recently delivered aircraft, one more scheduled for delivery by the end of the year and three scheduled to be delivered in the second half of 2014. The five banks which arranged the financing are Norddeutsche Landesbank Girozentrale (NORD/LB), Crédit Agricole Corporate & Investment Bank, Gulf International Bank B.S.C. (GIB), PK AirFinance Japan (GE Capital Aviation Services) and Landesbank Hessen-Thüringen Girozentrale (Helaba). The commercial bank funding is structured as a finance lease with quarterly
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