THE AIRLINE MARKET IS IN A WONDERFUL CONDITION FOR INVESTMENT – TAKE THE PLUNGE
13th June 2012
Algeria’s National Investment Fund (FNI) has confirmed that Air Algérie will fund its latest order for eight 737-9 MAXs and seven A330-900s and two A350-100s to be delivered between 2025 and 2026. The state financial partner has signed a credit agreement with the airline, although no further details on the structure of the loan agreement were disclosed.
The FNI is a public financial institution responsible for helping to finance investment by granting loans to companies or by taking equity stakes in partnership with local companies or foreign investors.