Asia/Pacific

Air India finalises its 787 bridge loan

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Air India finalises its 787 bridge loan

Air India is expected to finalise a $500m bridge loan for the first batch of four new 787 aircraft today. The loan will be repaid using a sale-leaseback structure with an unidentified party.
The carrier has already bridge financing in place for the first two aircraft but will take delivery of five more 787s by December.