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Aircraft News - Africa / Middle East.


For more aircraft news, data, fleets and analysis, please go to: http://www.airguideonline.com/professional.htm Jul Jul abbr (= July) → jul

Jul abbr (= July) → juil


Jul
written abbr Jul
July.
 10, 2006

Boeing, Emirates

Boeing to deliver two 777s to Emirates later this year. Emirates has secured $261 million in Export-Import Bank Export-import Bank (Ex-IM Bank)

The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports.
 financing for two Boeing 777 airliners. Boeing is scheduled to deliver the planes in August and October of 2006. Jul 7, 2006

Boeing, Emirates

Emirates signed a $261 million financing agreement with the US Export-Import Bank for two 777-300ERs scheduled for delivery in August and October. The 12-year financing, arranged by Citigroup, combines an Ex-Im loan with commercial funding and carries a weighted average cost of funds Cost of Funds

The interest rate paid on an outstanding loan.

Notes:
Money isn't free! Cost of funds is the cost of borrowing money.
See also: Interest Rate



Cost of funds

Interest rate associated with borrowing money.
 of 0.66% over three-month LIBOR LIBOR

See: London Interbank Offered Rate


LIBOR

See London interbank offered rate (LIBOR).
, the carrier said. It currently operates 37 777s and has 38 dash 300ERs on order. Jul 7, 2006
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Publication:Airguide Online
Geographic Code:1USA
Date:Jul 10, 2006
Words:131
Previous Article:Frequent Flyer Program News.
Next Article:Aircraft News - Asia / Pacific.
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