Asset management firm ABL Aviation has committed a $400 million financing facility dedicated to supporting Embraer's E-Jet E2 programme. ABL's investment will provide customers of Embraer more enhanced and affordable financing options for E2 model deliveries.
ABL said the financing facility leverages its own financial expertise with Embraer's strong delivery timeline to “yield significant benefits” for both investors and airlines.
“With a shared commitment to industry-wide sustainability, innovation, and growth, I’m optimistic this is just the beginning of a productive long-term partnership, with new opportunities for collaboration bound to emerge in the future,” said ABL Aviation CEO Ali Ben Lmadani.
The deal was secured during the Marrakech Air Show.