Etihad agrees fleet finance

02 November 2007
Etihad has agreed a $288 million 12-year loan with the National Bank of Abu Dhabi (NBAD) to finance the acquisition of four new aircraft. The Airbus A330-200 planes have been delivered in phases by the manufacturer since

July 2007 and are already in service. The bank is the sole arranger on the loan. In November, the Abu Dhabi-based carrier will unveil details of a further $500 million credit facility to fund its acquisition of four Airbus A340s.

Etihad has agreed a $288 million 12-year loan with the National Bank of Abu Dhabi (NBAD) to finance the acquisition of four new aircraft. The Airbus A330-200 planes have been delivered in phases by the manufacturer since

July 2007 and are already in service. The bank is the sole arranger on the loan. In November, the Abu Dhabi-based carrier will unveil details of a further $500 million credit facility to fund its acquisition of four Airbus A340s.

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