Finance

Jazeera Airways reduces bank financing for Airbus aircraft deal

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Jazeera Airways reduces bank financing for Airbus aircraft deal

Jazeera Airways has halved its bank financing from $2bn to $1bn to finance the purchase of new Airbus aircraft. Initially the airline was planning to seek funding for 70% of the deal, but now the airline will fund only 30% of the deal with financial aid from commercial banks, Jazeera Airways CEO, Ma...

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