Guarantee for Loans by Private Financial Institutions for Importing Aircraft
Contributing to Stable Import of Aircraft
- Region: Europe
- Marine and Aerospace
- Import Loans
The Japan Bank for International Cooperation (JBIC, Governor: MAEDA Tadashi) signed today a guarantee agreement (total principal covered by guarantee: JPY25.3 billion) with private financial institutions*1
for the principal and interest of their loans to Japan Airlines Co., Ltd. (JAL).
This guarantee is intended to support JAL in obtaining financing from private financial institutions to import 2 aircraft from Airbus S.A.S. in France. Thus it will contribute to maintaining and improving the international competitiveness of the Japanese aviation industry.
As Japan's policy-based financial institution, JBIC will continue to provide financial support for the import of aircraft that are indispensable for the lives of the people in Japan.
Mizuho Bank, Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, and The Chiba Bank, Ltd.