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Egypt Air closes $370m ECA loan

11 January 2012

The Egyptian carrier secured funding for three A330s in the fourth quarter of 2011.

Read more: Egypt Air export credit loan Airbus A330-300 Export Credits Guarantee Department (ECGD) export credit agency (ECA)

Egypt Air has closed a $370 million export credit loan to finance three Airbus...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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