The Export-Import Bank of the United States (EX-IM Bank) has approved a transaction totaling nearly $297 millionto support the export of Boeing B787-10 aircraft and spare GE propulsion equipment to TAAG Angola Airlines. The financing is structured as a final commitment aimed at facilitating a key widebody fleet acquisition by Angola’s national carrier.
Nepal Airlines has now repaid $3.9 million in loan installments tied to the financing of its commercial aircraft fleet, consisting of two narrowbody and two widebody aircraft. This repayment is part of the carrier’s obligations from loans obtained for the acquisition of these aircraft during an earlier fleet modernization phase.
LOT Polish Airlines (Poland) has completed the repayment of the second tranche of its pandemic-era loan, transferring a total of US$108.6 million plus interest to the State. This repayment marks another significant step in LOT’s financial recovery following the challenges posed by the global COVID-19 pandemic.
