Asia/Pacific

PAL funds four A321neos with debt financing from PK Airfinance and Novus

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PAL funds four A321neos with debt financing from PK Airfinance and Novus

Philippine Airlines (PAL) has signed a debt financing agreement with PK Airfinance and Novus Aviation Capital to fund four 2018 Airbus A321-200neo aircraft. PK AirFinance, a GECAS company, will provide the senior debt while Novus’ Tamweel Aviation Finance, a junior debt fund dedicated to the finan...

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