Atlas Air has completed a $100 million public offering to finance three of the 10 Boeing 747-200s which Haeco is converting to freighters. Atlas Air operates 10 B747 freighters on behalf of British Airways, China Airlines, Emirates, KLM, Lufthansa and Varig.

Hong Kong's Provisional Airport Authority has signed a US$1.06 billion syndicated loan underwriting agreement to help finance the new Chek Lap Kok airport.

KLM has obtained a $700 million, five-year standby revolving credit facility led by Citibank, ABN Amro and UBS.

 

Source: Airline Business