Chinese drop guarantees
Air China has made history as the first Chinese airline to finance most of a new aircraft purchase without a bank guarantee. But the chances that others will soon follow suit have diminished with a recent rating downgrade for non-sovereign Chinese debt.
Keep reading this article by becoming a FlightGlobal member now
PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING
You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:
- Increased access to online news and in-depth articles from:
- FlightGlobal Premium covering the global aviation industry
- Airline Business providing insight for business leaders
- Weekly newsletters on topics across the industry
From making its debut as a magazine in 1985 through to its evolution into an online data and analysis tool, Airline Business has forged a reputation for providing high-quality, in-depth coverage of the airline sector’s strategic and economic drivers. Our trusted insight gives users a competitive edge in the global industry.