Ethiopian Airlines Secures $450 mn Loan from Citigroup for 5 Planes

Ethiopian Airlines Group, Africa’s largest carrier, obtained a $450 million loan from Citigroup Inc. to buy five new Boeing Co. planes. The loan will fund the purchase of three 737 Max aircraft and two 777 freighters, which will be delivered in December and increase the airline’s fleet to 150 planes, the company said in a … Continue reading Ethiopian Airlines Secures $450 mn Loan from Citigroup for 5 Planes