TAM receives loan to finance pre-delivery payments for 30 aircraft
TAM signed a loan agreement with the BNP Paribas bank to finance up to $ 117.1 million in pre-delivery payment (PDP) operations for 30 Airbus aircraft contracted with the French company, with confirmed purchase orders and deliveries scheduled for the period 2008 to 2010. TAM’s fleet plan forecasts that it will close 2008 with 123 …
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