CFM56 engine © CFMI

Avianca secures US$300m engine maintenance financing

Avianca has secured up to US$300 million in financing to support MRO services for its CFM56 engines at GE Aerospace’s Celma facility in Brazil. The agreement, announced by Avianca, GE Aerospace and the Brazilian Agency for Management of Guarantee Funds and Guarantees (ABGF), was arranged through Citibank and backed by export credit insurance provided by […]

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