Qatar Airways, Standard Chartered sign $850 million aircraft financing agreement

Pune: Qatar Airways and Standard Chartered have successfully signed a US$ 850 million financing in respect of seven Boeing 787-9 aircraft. This transaction demonstrates the confidence that the banking market has in Qatar Airways and also highlights the strong relationship between Qatar Airways and Standard Chartered.
Qatar Airways Group Chief Executive Akbar Al Baker stated, ”I am grateful to Standard Chartered for their continued support to Qatar Airways. The bank has been a close partner of Qatar Airways for many years and have proven their support for the airline by closing this transaction during difficult times resulting from COVID-19. Qatar Airways focus remains on finding solutions to get as many people back to their homes to be with their families and loved ones during these difficult times and this is made possible by the support we have from so many people including our close partners such as Standard Chartered.”