BCI Aircraft Leasing, Inc. Completes Refinancing of Two A340-300s on Lease to Air Namibia
Summary
“Air Namibia is a progressive and growing airline with a capable management team and a strong, sovereign credit.Based in Windhoek, it operates scheduled domestic, regional, and international passenger and freight services.For more information, please visit ### Chicago, IL, September 08, 2008 --( PR.com )-- The aircraft belong to BCI’s wholly owned and managed Irish subsidiary and the financing is provided by FirstRand (Ireland) PLC.The planes, which bear serial numbers 047 and 051, were both manufactured in 1994.“We are thrilled to expand our business with the FirstRand Group through this transaction, and we value this lender as a partner in our global expansion,” said Jacob Hodges, Vice President, Debt Capital Markets, for BCI Aircraft Leasing, Inc.FirstRand (Ireland) PLC is a division of FirstRand Ltd, one of the largest financial institutions in South Africa.“Air Namibia is a progressive and growing airline with a capable management team and a strong, sovereign credit.Based in Windhoek, it operates scheduled domestic, regional, and international passenger and freight services.