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Emirates finances last of its A340-500s
01 October 2005
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operating lease
Emirates
Orix
Japanese operating lease
aircraft financing
Export credit
Emirates has completed financing of its A340-500 deliveries with the last being taken on operating lease.
The $119.5 million deal is structured as an operating lease, and is being arranged by two UAE banks: National Bank of Dubai and Emirates Bank Group.
The airline has financed 10 A340-500s – worth about $1.1...
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