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Sun 24 Jan 2010 02:08 PM

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Jazeera secures $105m for three new Airbus planes

Airline receives financing from European Export Credit Agencies, French bank Natixis.

Kuwait's Jazeera Airways said on Sunday it secured $105 million in financing for three new Airbus A320 aircraft.

Jazeera, one of two listed airlines in the Gulf Arab region, said it had received financing from the European Export Credit Agencies and French investment bank Natixis.

The airline, which has a firm order for 29 new aircraft, currently operates 11 planes flying across the Middle East and North Africa. (Reuters)

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