Emirates gets 10th A340-500

Emirates has received its entire order of Airbus A340-500s with the arrival of its 10th A340-500 aircraft. Emirates has invested close to $2bn for the acquisition of its A340-500 fleet. The financing has been obtained from well diversified sources comprising 29% European banks, 10% from Islamic sources, 24% from commercial banks within the GCC and 37% commercial banks outside the GCC mainly from banks in Japan and China. [AMEInfo.com]


Posted October 16, 2005

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