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Norwegian has secured financing for additional 9 Boeing 737 MAX

Norwegian has secured financing for additional 9 Boeing 737 MAX

A Norwegian Boeing 737. Photo Credit: Norwegian

Norwegian signed an agreement with a new syndicated structure regarding financing of all six 737 MAX 8 aircraft with delivery in 2017. In addition three 737-800s will be financed with sale and leaseback.
Norwegian’s subsidiary Arctic Aviation Assets Ltd (AAA) has completed financing of six Boeing 737 MAX 8 aircraft with an insurance guaranteed financing product. This covers all the scheduled deliveries of Boeing 737 MAX 8 aircraft during 2017.
In 2017, Norwegian takes on new cost efficient aircraft as part of renewing the short haul fleet and expanding the transatlantic operation. Read more

SOURCE Norwegian

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