Press Release: Nasair benefits from first of kind financing structure in Brazil to finance its Embraer aircraft purchases
Nasair, the only budget airline in Saudi Arabia, started the year 2011 with adding a new Embraer 190 aircraft to its fleet that become 14 aircraft. The finance of the aircraft was based on a first of kind aviation finance structure in Brazil where a financial institution provided the liquidity based on a government guarantee.
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