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Project Brief - Corporate loan to Ethiopian Airlines
The Project involves the participation by African Development Bank (AfDB) in a corporate loan to Ethiopian Airlines for the financing of its investment plan from 2010 to 2018, and targeted to the purchase of five Boeing 777-200LR long range passenger jets. The aircraft will be used to replace old aircraft and to expand capacity on long haul routes to and from Africa. The aircraft will be delivered between November 2010 and July 2011.