Qatar to purchase four Boeing 777.Doha, 30 Sept: Qatar Airways Qatar Airways (Arabic: القطرية) is an airline based in Doha, Qatar. It operates a hub and spoke network based in Doha, linking 81 international destinations. announced on Tuesday Tuesday: see week. it has secured loan worth 700 million dollars for the purchase of four new Boeing 777 aircraft.
BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. , Deutsche Bank AG, Standard Chartered Bank and Calyon are among the banks that carried out the transaction, the airline s Chief Executive Officer Akbar Al-Baker said adding the aircraft due for delivery over the next few months.
In these difficult times for the banking sector, I am very pleased to see this group of experienced aviation banks regrouping to support Qatar Airways once again, he said.
The Doha-based airline is aggressively expanding with more than 220 aircraft worth over 40 billion dollars currently on order.
Qatar Airways is operating a fleet of 69 aircraft to 82 destinations across the world.
Al Bawaba / Euclid Infotech Monitoring (Arabic to English)
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