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Flydubai" concluded with the financing, "Standard Chartered Bank" deal

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Rocky


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Flydubai" concluded with the financing, "Standard Chartered Bank" deal




November 11, 2015  0


Each of flydubai and Standard Chartered Bank recently signed an agreement to sell and leaseback (Altojeraltchgala) for two of the new generation Boeing 737-800

This is the second operation prepared and arranged by Standard Chartered Bank with flydubai, which depends sale and leaseback mechanism, through the aviation finance team Alhaizaaly numerous awards, Pembroke.

Said Mukesh Sudanese, Chief Financial Affairs of the tanker "flydubai continues to strive to diversify the sources of their funding. It represents a new model of a Boeing 737-800 attractive assets in the market and keep sale and leaseback of aircraft transactions, depending on the credit position strong flydubai, an important component of our financing portfolio.

He said Sudanese, according to a press statement received "the news of our economy," a copy of it that this sale and leaseback deal comes in the context of continuing our strategy of fleet management. We would like to express our deep appreciation to Standard Chartered for its support and seek to consolidate long-term relationship with him. "

For his part, Kiran Kaur, head of aviation finance at Standard Chartered Bank said: "We contribute in supporting the expansion for" Fly Dubai "operations even keep pace with the growing demand for air transport industry in the Middle East."

He added: "The completion of this transaction is evidence of the commitment to Standard Chartered Permanent Bank towards its customers by meeting their needs on time in addition to providing innovative financing solutions, it also Tazzmn our position in the region as a financial partner in the long term, and we seek to continue our support for the growth of flydubai" .

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