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Emirates Finalizes Innovative Financing Deal for Two 777 Freighters

ByAdmin

Emirates has taken another decisive step in its fleet expansion strategy by securing a groundbreaking aircraft financing agreement with Emirates NBD for two Boeing 777 Freighter aircraft. This marks the airline’s first direct, mortgage-style financing structure conducted entirely in the UAE, without reliance on traditional offshore vehicles.

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Riyadh Air Secures SAR 5 Billion Credit Facility Ahead of 2025 Launch

ByAdmin

Riyadh Air, the emerging Saudi Arabian airline wholly owned by the Public Investment Fund (PIF), has successfully secured its inaugural Islamic Revolving Credit Facility totaling SAR 5 billion. This financial arrangement comprises a SAR 3 billion revolving credit facility, complemented by a committed accordion option for an additional SAR 2 billion. The one-year, unsecured financing…