Cleared for takeoff?

Cleared for takeoff?

Cleared for takeoff?

Slow growth and excess capacity keeps aviation insurance on the runway for now, reports Gareth Stokes To get a handle on the risks covered by aviation insurers, one need only turn to JLT Speciality’s November 2016 Plane Talk newsletter. The risk specialist, part of the Jardine Lloyd Thompson Group, published the average fleet values (expiring AFV at renewal date) of…

Credit insurer ATI backs Ethiopian Airlines US$159m fleet expansion

Credit insurer ATI backs Ethiopian Airlines US$159m fleet expansion

Credit insurer ATI backs Ethiopian Airlines US$159m fleet expansion

The African Trade Insurance Agency (ATI) has concluded its first deal in Ethiopia, backing a US$159m loan from the African Development Bank (AfDB) to fund Ethiopian Airline’s fleet expansion with the purchase of an Airbus A350-900 jet. ATI sees this as an important step for backing future AfDB projects across the continent. Ethiopian Airline’s aggressive expansion strategy includes doubling its…