Jazeera signs $70m financing deal for two planes

17 November 2008

Jazeera Airways has signed a $70m funding deal with DVB Bank and Natixis Transport Finance to finance the purchase of the two new Airbus A320 planes that were recently delivered to the airline. It received the planes over the past two months, taking its fleet number to eight. DVB Bank already has a relationship with Jazeera through their joint venture aircraft leasing company Sahaab Leasing.

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