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JAL gets guaranteed loan

25 November 2009

Japan Airlines closes guaranteed loan and arranges emergency facility with Development Bank of Japan.

Mizuho Corporate Bank, Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking Corporation have signed loans for Japan Airlines (JAL).

The Japan Bank for International Cooperation has signed a guarantee agreement for the loans which will finance two 777-300ER aircraft. The...


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As far as banks are concerned Emirates continues to be a very strong name. It will attract a lot of interest from banks that are still in the market.

Taimur Baig, regional head of aircraft finance at Standard Chartered Bank, is confident that Dubai’s flag carrier will find cash.