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Asian lenders step in to fill aviation funding gap
2012-03-06 00:02:00

SINGAPORE, Mar 6 (GCTL) - Capital-starved airlines worldwide are turning to Asian lenders such as Asian banks, capital markets and leasing firms to fund their ambitious fleet upgrades as the industry's traditional streams of financing in the West dry up, in yet another sign of the world's shifting economic fortunes as the region steps in to help airlines cope with rapid growth in travel, according to industry executives and analysts.

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Category : Business & Financial News   Asia Pacific News  

Tags : airlines, Boeing,

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