Qatar Airways, Standard Chartered Sign US$850 Million Aircraft Financing Deal
Qatar Airways and Standard Chartered have successfully signed a US$850 million financing in respect of seven Boeing 787-9 aircrafts.
This transaction demonstrates the confidence that the banking market has in Qatar Airways and also highlights the strong relationship between Qatar Airways and Standard Chartered.
Qatar Airways Group Chief Executive HE Akbar Al Baker stated that they are grateful to Standard Chartered for their continued support to Qatar Airways. He said that 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.
HE Al Baker said that they remain focused on finding solutions to get as many people back to their homes to be with their families and loved ones during these difficult times, made possible by the support from so many people including partners such as Standard Chartered.
Standard Chartered Chief Executive Bill Winters said that they too, are very pleased to close this landmark deal at this difficult time. He added that at Standard Chartered, they continue to support their clients and communities despite the ongoing challenges with COVID-19 and are proud to have been able to provide Qatar Airways with this financing.
For updates and more information, visit qatarairways.com.