Middle Eastern lessor International Airfinance has appointed parties to arrange debt and equity financing for Saudia's 50-aircraft Airbus order.
Quantum Investment Bank and Palma Capital will source financing for the Saudi Arabian flag carrier's 30 A320-200s and 20 A330-300s.
Saudia has agreed to acquire and lease the units.
Source: Cirium Dashboard
Leasing companies engaged in a legal battle with Saudi Arabian flag-carrier Saudia over aircraft payments have been denied access to documents held on the mobile phones of two senior executives of the carrier, including chairman and former director general Saleh bin Nasser Al Jasser. The long-running case centres on the ...
The US government has cleared nearly $1 billion in potential sales of air-launched weapons to Egypt and Morocco.
Two US naval aviators safely ejected from their Boeing F/A-18F over the Red Sea after the jet was mistakenly targeted by one of the guided missile ships escorting the aircraft carrier USS Harry S Truman.
