Europe

Icelandair Group enters into a $80 million loan agreement

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Icelandair Group enters into a $80 million loan agreement

Icelandair Group has entered into a $80 million loan agreement with an Icelandic financial institution. Ten of the company’s Boeing 757 aircraft will be encumbered as a security for the repayment of the loan. The maturity date of the loan will be based on a five-year term. The company expects that...

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