26.11.2012 - Turkish Airlines eyes $500mln lease deal
Turkish Airlines is in talks with banks about a leasing arrangement worth around US$500m to help fund its plane orders from 2014, bankers familiar with the negotiations said. The airline is considering using Enhanced Equipment Trust Certificates (EETCs) for the first time - financial securities issued by banks under which the airline gets ownership of the planes when the certificates mature, the bankers said...............................................Full Article: Source
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