Carrier is likely to need $13.3bn to finance most of its planned expenditure on aircraft and spare engines until 2020
James Rigney, chief financial officer of Etihad Airways, has said the carrier is likely to need $13.3bn to finance most of the $15.8bn it plans to spend on aircraft and spare engines until 2020, The National has reported. The airline plans to hold a series of investor roadshows in New York this week as it seeks to attract financing to help pay for 106 aircraft in the next decade. “Over next year and the year after, in fact over the next 10 years, there are large financing and treasury opportunities,” Rigney said at a recent bankers’ investor roadshow in London.
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