Flydubai inks financing & deal for carbon brakes
Local low-fare airline Flydubai yesterday inked a pair of aircraft financing deals worth $160 million.

Local low-fare airline Flydubai yesterday inked a pair of aircraft financing deals worth $160 million. Also here at the Dubai Airshow, it signed a contract with Goodrich to supply wheels and carbon brakes for its first 54 Boeing 737s.

The financing covers the first two aircraft Flydubai received this past May and ensures that all six aircraft the budget carrier plans to fly by the end of this year have received permanent financing. Dublin, Ireland’s Macquarie AirFinance will cover one of the airplanes under a five-year medium-term sale and leaseback agreement similar to the deal Flydubai signed earlier in the year with GECAS.