Air India raising 787 delivery bridging loan

Skip to:
Article

Air India has approached banks for a $225 million 15-month bridge loan to partially fund the delivery of two Boeing 787 Dreamliners, between November and December, until it can put a sale-and-leaseback in place.

The flagcarrier has taken delivery of 21 Boeing 787-800s since placing an order in January 2006 for 27 Dreamliners and 41 B-777s and B-737-800s. All the 787 deliveries to date have been long-term financed via sale-and-leaseback.

Related analytics

Transaction Name Stage Est. Value
Air China Cargo/$144.21 million/0215 Financial close 144.21
Reliance Jio InfoComm/$750 million/0515 Financial close 750.00
AirTrunk Financing/AUD150 million/0217 Financial close 115.00
Asiana Airlines/$0 million/0417 Financial close 0.00
Equis Asia Fund/$140 million/0417 Financing 140.00
No data available
More transactions

Trade Finance on Twitter