STAMFORD, Conn., June 11, 2010 /PRNewswire via COMTEX/ --Aircastle Limited (NYSE: AYR) announced today that it received approvals from the European Export Credit Agencies ("ECAs") to support up to $530 million of debt financing for seven new Airbus A330 aircraft, subject to customary terms and conditions. More specifically, these approvals pertain to two new Airbus Model A330-200F freighters scheduled for delivery to an affiliate of the HNA Group ("HNA"), the parent company of Hainan Airlines, later this year and five new Airbus Model A330-200 passenger aircraft which are scheduled for delivery to South African Airways PTY LTD ("SAA") during 2011.
Additionally, Aircastle announced that it has received a commitment from Sumitomo Mitsui Banking Corporation ("SMBC") for up to......
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