Manufacturing Industry

Consortium of three banks to finance new aircraft for Czech CSA

Airline Industry Information, July 28, 2005

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

A consortium of three banks won a tender launched by Czech state-run airline CSA to raise funds for the purchase of new aircraft, the airline said Wednesday (27 July).

CSA said in a statement that it will finance the purchase of six Airbus A319 and six A320 jets, valued at around CZK12bn through a 12-year leasing contract supplied by the banking consortium consisting of CSOB AS, BNP Paribas SA and Natexis Banques Populaires SA.

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