Financing flight - ResearchInChina
Date:2007-10-15
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BRITISH Airways Plc will finance the purchase of 36 new aircraft through a leasing deal with Chinese banks, the Sunday Telegraph reported, without saying where it got the information. The Industrial and Commercial Bank of China (stock code: 601398) is one of the lenders involved in the agreement, the newspaper said. This is the first time Chinese banks have participated in a deal of this kind, the Sunday Telegraph said.
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