AIRSHOW-UAE's FlyDubai secures $160 mln financing
DUBAI, Nov 16 (Reuters) - United Arab Emirates low-cost carrier FlyDubai said on Monday it had secured $160 million financing for two aircraft it received in May. The financing for the two Boeing 737s includes an $80 million sale and lease back agreement with Macquarie Air Financing and an $80 million ijara agreement with Dubai Islamic Bank DISB.DU.
The budget carrier said the latest financing ensures that all six aircraft FlyDubai will have this year are permanently financed.
In July, FlyDubai secured $320 million financing with General Electric's (GE.N) Capital Aviation Services unit for four Boeing 737 aircraft.
On Monday, the Dubai-government owned carrier -- which ordered 54 Boeing single-aisle 737 aircraft in a deal worth around $4 billion in November 2008 -- chose Goodrich Corp (GR.N) to supply carbon brakes for its new fleet. [ID:nWNAB6074]
(Reporting by Tamara Walid; Editing by xx)
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