Copying and distributing are prohibited without permission of the publisher
Turkish Airlines – ECA financing
02 March 2011
A first for the European air market
This landmark deal is the first of its kind in Europe
– and the first in Turkey as well. When Turkish
Airlines (THY) needed to expand its fleet, JP Morgan teamed
with the Export-Import Bank of the United States (US Ex-Im) to
provide the airline, the third largest in Europe, with
financing. Utilising Ex-Im’s programme for
financing the purchase of US-manufactured capital equipment, JP
Morgan was able to structure a $1.2 billion facility for
THY’s impending purchase of nine Boeing...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.