Friday, March 25, 2011

AfDB Approves USD 40 Million loan to Ethiopian Airlines

Tunis, 23 March 2011 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 23 March 2011 in Tunis, a USD 40-million second lien corporate loan to Ethiopian Airlines to support the purchase of five Boeing 777-200LR passenger jets. As part of the Ethiopian Airlines’ investment plan for 2010-2018, the aircraft will......

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