Flydubai seals $320m finance deal

Flydubai has signed a $320 million aircraft financing deal with Avolon, a Dublin-based aircraft leasing firm, for four Boeing 737-800 aircraft.

A US$320 million (Dh1.17bn) aircraft financing deal has been sealed by flydubai from Avolon, a Dublin-based aircraft leasing firm, the carrier said today.

The four Boeing 737-800 aircraft, part of an order for 50 Boeing planes flydubai made in 2008, will be financed in a sale-and-leaseback arrangement.

The deal brings the value of the Dubai-based budget airline's financing to more than $1bn and puts it on course for continued expansion, after opening two dozen routes in its first 16 months of service.

This is a further indication that the international financing community views flydubai and Dubai itself as a good investment," said Ghaith al Ghaith, the chief executive of flydubai.

The arrangement with Avolon, an upstart leasing firm created in May, completes a string of financing deals that secures the Dubai-based budget airline's financing requirements until December next year. It follows recently announced deals with GECAS and BBAM to finance nine aircraft. Flydubai currently operates a fleet of nine B737-800 aircraft operating to 24 destinations.

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Sudden change in behaviour or displays higher levels of stress or anxiety

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Begins to use language they do not normally use

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Sudden change in behaviour or displays higher levels of stress or anxiety

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Struggles to concentrate

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Sudden change in behaviour or displays higher levels of stress or anxiety

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Sudden change in behaviour or displays higher levels of stress or anxiety

Shows signs of depression or isolation

Ability to sleep well diminishes

Academic performance begins to deteriorate

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Struggles to concentrate

Refuses to go to school

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Begins to use language they do not normally use

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Sudden change in behaviour or displays higher levels of stress or anxiety

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Ability to sleep well diminishes

Academic performance begins to deteriorate

Changes in eating habits

Struggles to concentrate

Refuses to go to school

Behaviour changes and is aggressive towards siblings

Begins to use language they do not normally use

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Sudden change in behaviour or displays higher levels of stress or anxiety

Shows signs of depression or isolation

Ability to sleep well diminishes

Academic performance begins to deteriorate

Changes in eating habits

Struggles to concentrate

Refuses to go to school

Behaviour changes and is aggressive towards siblings

Begins to use language they do not normally use