Abu Dhabi's Royal Jet gets $117m loan to fund aircraft buys - Gulf Business
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Abu Dhabi’s Royal Jet gets $117m loan to fund aircraft buys

Abu Dhabi’s Royal Jet gets $117m loan to fund aircraft buys

The two Boeing 737-700 BBJ aircraft are due for delivery in September and December

Abu Dhabi-based private charter airline Royal Jet secured a $116.8m loan from Union National Bank to finance the purchase of two Boeing aircraft, the lender said on Thursday.

The two Boeing 737-700 BBJ aircraft are due for delivery in September and December, the bank said in a statement.

The purchases are part of Royal Jet’s plan to expand its fleet to 20 aircraft by 2020, the statement added.

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