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JP Morgan closes Emirates’ 777 financing

By Olivier Bonnassies2012-08-14T10:17:00+01:00

JP Morgan has closed financing on a new Boeing 777-300ER aircraft for Emirates Airline.

The bank acted as the Export-Import Bank of the United States guaranteed loan provider on the 777-300ER, MSN 41079.

The Middle-East based carrier has another 777-300ER aircraft for delivery later this month. The aircraft, MSN 41080, is the second of a four 777-300ER sale and leaseback transaction with ILFC. The remaining two (MSNs 41081 and 41085) are scheduled for September 2012 and January 2013.

Source: Commercial Aviation Online

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