South African Airways Airbus A330-300 © AirTeamImages

AELF secures US$31 million loan from Absa Bank

Aircraft Engine Lease Finance (AELF), a commercial aircraft lessor based in Chicago, has finalised a US$31 million loan agreement with Absa Bank Group of South Africa. The loan is secured against an Airbus A330-300 currently on lease to South African Airways (SAA), which AELF recently acquired from a consortium of major international lenders, including Deutsche […]

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