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Flydubai Seeks Financing to Purchase Three Boeing 737-800 Planes

March 6 (Bloomberg) -- Flydubai, Dubai’s low cost carrier, is seeking to finance three Boeing 737-800 planes due for delivery in the fourth-quarter of this year.

Financing the purchase through the U.S. Export-Import Bank is one of the options, the carrier said in an e-mailed statement today. The planes are worth $253.2 million at list prices.

“While we have traditionally sought sale and leaseback options, as we develop and mature we are seeking to diversify our options and as a result have received a number of favorable responses,” the company said. “We are currently assessing these offers and will announce contract signings in due course.”

To contact the reporter on this story: Tamara Walid in Abu Dhabi at twalid@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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