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Middle East Airlines secures financing for aircraft acquisition

15-Aug-2008

Middle East Airlines (MEA) signed a USD65 million loan agreement with the Lebanese Canadian Bank to fund its first of ten ordered A330-200s, delivered in Jun-08. The loan will cover 70% to 80% of the total value of the aircraft. [758 words]

Unlock the following content in this report:

Subheadings:

  • Recording significant passenger growth out of Beirut hub
  • Awards SITA communications contract, plans to establish training centre

Graphs and data:

  • Middle East Airlines aircraft configurations (seats) vs Airbus recommended configuration
  • Beirut Rafik Hariri International Airport total capacity (seats) share: Week commencing 11-Aug-08
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