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Comair secures US Government-backed finance for new fleet

16-Nov-2010 9:40 AM

Comair Ltd confirmed (12-Nov-2010) t has secured the preliminary commitment of US government-backed financing for its new fleet of B737-800 aircraft. The credit guarantee, which will cover all eight aircraft, was secured via the US Ex-Im Bank. Joint CEO of Comair Erik Venter stated the company’s ability to secure this financing was due mainly to its 65-year profit history. [more]