Aerolineas Argentinas raises $280m from GECAS

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Aerolineas Argentinas has raised a $280 million 10.5-year loan from GE Capital Aviation Services (GECAS). The debt is secured by four A330-200s powered by GE’s CF6 engines and three B737-800s powered by CFM56 engines. The four A330s are scheduled to fund in 2016 and the three B737-800s in 2018.