Air India signs $212 million 15-month loan for two Boeing aircraft
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Photo of Air India aircraft at Kochi. Image Source: IANS
Written By: ZeeBiz WebTeam
Updated: Tue, Jan 10, 2017
02:18 PM IST
02:18 PM IST
Mumbai, ZeeBiz WebDesk
State-owned Air India has signed a bridge facility with First Gulf Bank for the purchase of two Boeing 787-8 aircraft for $212 million.
The purchase loan will be for a period of 15-months, the company’s spokesman said.
Air India’s spokesman said that the company used $112 million for taking delivery of its 22nd Boeing 787 and $100 million for its 23rd Boeing 787 aircraft.
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