26-Mar-2010 12:17 PM

Qatar Aviation Lease Company announces USD200 million lease facility by Standard Chartered Bank PLC

Qatar Aviation Lease Company reportedly announced a USD200 million lease facility has been arranged and underwritten by Standard Chartered Bank PLC, with the funds to finance the lease of eight A320 aircraft to Qatar Airways, for which two of the aircraft were delivered in Feb-2010, with the further six due in 2010 (Dow Jones, 25-Mar-2010).