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Boeing Lends Air India $100 Million for 787: Airfinance Journal

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Oct. 4 (Bloomberg) -- Boeing Co. will lend Air India Ltd. $100 million to help finance the purchase of its third 787 jet, Airfinance Journal reported, citing an unidentified official at the Indian carrier.

India’s national airline is looking for $500 million in bridge financing for the the acquisition of four 787s before the airline concludes sale and leaseback agreements with aircraft lessors, the publication said today.

To contact the reporter on this story: Patrick Winters in Zurich at pwinters3@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net