Rwandair gets loan nod from Ex-IM bank in the US

News from Kigali overnight confirm that RwandAir has secured a financing approval for their two brand new B737-800’s which are due for delivery in a few months time, through the American Ex-Im Bank, with fund disbursal to take effect via the PTA Bank, also known as the Eastern and Southern African Trade and Development Bank.

Delivery of the first NG B737 is due for the 22nd August this year and the second such aircraft will arrive in Kigali a few weeks later. Both aircraft will feature the latest state of the art ‘Sky Interior’ and inflight entertainment.

The PTA Bank had in the past also supported RwandAir when they purchased two CRJ 200 aircraft from Germany’s Lufthansa which came with a major maintenance support package at the time. RwandAir has in recent years, notably as a stand alone airline without a strategic partnership in place, emerged as a serious regional player and added routes, frequencies and still improved greatly on its balance sheets as a result of a fresh focus after deciding on a new business model two years ago.

Meanwhile has RwandAir, ahead of the upcoming annual gorilla naming festival Kwita Izina, put special fares on the market to connect East Africa with West Africa via Kigali, but also to travel from anywhere in East Africa via Kigali to Johannesburg and of course to travel to Rwanda directly. More information about this is available via www.rwandair.com where schedules, destinations and these special offers are posted.

Source Wolfganghthome's Blog
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