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Tiger Airways appoints Standard Chartered Bank as the lead arranger for financing of two A320s

6-Jan-2010 10:57 AM

Tiger Airways appointed Standard Chartered Bank as the lead arranger of its financing for the purchase of two A320 aircraft (Dow Jones, 04-Jan-2010/Business Times, 06-Jan-2010). France's Coface is to back the transaction. CEO, Tony Davis, stated the carrier now plans to finance future aircraft “in a similar fashion”. The first of the A320s will arrive ahead of the planned launch of services to Hong Kong in Feb-2010 – see Route Change Table for more information.