The Asia Development Bank (ADB) will finance the fleet renewal programme at Air Niugini (PX, Port Moresby), according to Port Moresby’s Post Courier outlet, including two B787-8s and six A220-100s.

“The ADB board has just recently approved ADB financing for the Air Niugini re-fleeting program,” said the bank’s country director Said Zaidansyah. The deal was also verbally confirmed by Air Niugini CEO Gary Seddon. Neither party put a figure on the loan or clarified its terms.

The…

Source: ch aviation
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