eap

Etihad said to seek $2.6b for Boeing, Airbus jets

Dhabi-based carrier Etihad Airways is in talks with banks to raise about US$2.6b in loans to finance aircraft deliveries, according to sources. The airline is seeking to raise $2b in 12-year loans for 10 Boeing Dreamliner aircraft and about $600m in financing for two Airbus A380 superjumbos. Separately, low-cost carrier FlyDubai is in early talks with Emirates, Noor Bank and Union National Bank for a club loan Òto supports its infrastructure requirements", a spokeswoman for the airline said, without detailing how much it plans to raise. The carrier, which currently operates out of Dubai International Airport and Al Maktoum International Airport, is due to move all of its operations to Al Maktoum this year. <br/>