A “wholly-owned subsidiary” of ITA Airways (AZ, Rome Fiumicino) has achieved USD240 million in private credit financing from AIP Capital, a loan that is secured by three new A330-900N aircraft with Rolls-Royce Trent 7000 engines, the airline announced.
In a statement on August 29, ITA Airways chairman Antonino Turicchi labelled the deal as another step in the airline’s expansion strategy, reflecting improved credibility with banks and investors.
“This agreement represents a significant milestone in…
Source: ch aviation
Read more: Italy's ITA Airways secures 0mn in private credit finance