Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

Tiger Airways concludes further aircraft financing

13 January 2010

Delivery of five new A320 aircraft accelerated to 2010 and early 2011 from original delivery dates in 2016 to facilitate growth in Australia and Asia.

Read more: [Tiger Airways] [Standard Chartered aircraft] [export credit aircraft]

Standard Chartered Bank has completed a structured pre-delivery payment (PDP) financing arrangement for Tiger Airways Holdings, relating to the advanced delivery of five Airbus 320-200 aircraft into 2010/11. These five aircraft...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010