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Air Canada gets $170.5 million loan facility

11 June 2010

GE Japan Corporation to partly finance 16 aircraft for the Canadian airline.

Read more: Air Canada GE Japan Corporation loan facility Airbus A319 Boeing 767-300ER

Montreal-based Air Canada has secured a commitment with GE Japan Corporation for the partial financing of 16 aircraft the airline already leases...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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