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FINANCIAL NEWS
UAE- Etihad Airways acquires 2 Boeing planes via USD359m financing
21 Apr 2013
(MENAFN) Etihad Airways president and CEO, James Hogan, announced that the carrier received a financing of USD359 million from a UAE bank for the acquisition of 2 Boeing 777-300ER planes, reported Arabian Business.
Hogan said that the Abu Dhabi-based carrier has received the first aircraft, while the second is projected to be handed over next month.
He added that the Sharia-compliant loan has a financing structure term of 12 years.
It is worth noting that in September, the airline issued a request for proposal (RFP) for the financing of 9 planes slated for delivery this year.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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