Wed, 15 April 2020 |
Qatar Airways Signs US$ 850m Financing Deal
with Standard Chartered
|
Qatar Airways has signed an US$ 850 million
financing deal with Standard Chartered.
The deal involves seven of Qatar Airways' Boeing
787-9 aircraft.
Standard Chartered Chief Executive Mr. Bill
Winters, said, “We
are very pleased to close this landmark deal at this difficult
time. At Standard Chartered we continue to support our clients and
communities despite the ongoing challenges with COVID19 and are
proud to have been able to provide Qatar Airways with this
financing.”
Qatar Airways Group Chief Executive,
Mr.
Akbar Al Baker, said,
“I am grateful to Standard Chartered
for their continued support to Qatar Airways. The bank has been a
close partner of Qatar Airways for many years and have proven
their support for the airline by closing this transaction during
difficult times resulting from COVID19. Qatar Airways focus
remains on finding solutions to get as many people back to their
homes to be with their families and loved ones during these
difficult times and this is made possible by the support we have
from so many people including our close partners such as Standard
Chartered.”
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