Monday, January 25, 2010

Jazeera Airways completes USD 105 million ECA Financing with NATIXIS for three Airbus A320 aircraft.

Freedom Town, Kuwait – 25 January 2010 – Kuwait based regional carrier Jazeera Airways (KSE: Jazeera, Bloomberg: Jazeera KK, Reuters: JAZK.KW) today announced that it has taken delivery of its 11th aircraft and completed total ECA financing for US 105 million with NATIXIS for three Airbus A320 aircraft. Jazeera Airways CFO Barathan Pasupathi said “We have once again proven that we can secure funding in a relatively difficult credit climate. The Investment community and......