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Article: Etihad Airways inks $1 billion deal.
- Article from:
- Khaleej Times (Dubai, United Arab Emirates)
- Article date:
- October 1, 2009
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Summary: ABU DHABI - Etihad Airways, the national airline of the United Arab Emirates, has signed the first Export Credit Guaranteed transactions in a billion dollar aircraft financing programme for 2009 and 2010.
The recently acquired Export Credit Agency (ECA) rating, which is also endorsed by Organisation for Economic Co-operation and Development (OECD) countries, effectively places Etihad alongside investment grade airlines.
The sovereign guarantees from the governments of Germany, France, the United Kingdom and the United States of America will further enhance the airline's existing aircraft financing activities in the commercial markets by ...