Release date: 29 August 2003
Promoter – Financial Intermediary
Société Air France SALocation
Description
Part-financing of the acquisition of new aircraft as part of modernisation of the group's medium-haul fleet.
Objectives
The project will help to improve links within the European Union, as well as between the European Union and Mediterranean countries.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 110 million
Total cost (Approximate amount)
Around EUR 400 million
Environmental aspects
The new aircraft comply with all current environmental standards, produce fewer gas emissions and are quieter than the aircraft that they will replace.
Procurement
Orders have been placed in line with standard procedures in the sector.
Status
Signed - 22/12/2003
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).