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
Read more: Asia Development Bank to finance Air Niugini fleet renewal