Air India to get $550mn from US Exim bank..

by Ysk P for Dream Visions    September 22, 2008

Exim bank is managed by a Board of Directors, which has representives from the Government, Reserve Bank of India,Public sector banks and so on.The value of US Exim's contribution in partnering Air India in their project of acquiring 68 aircrafts from the Boeing company.

The country National carier Air india has linked a $550 million financial agreement with export import bank of US Exim bank, to purchase eight aircraft. Exim bank chairman James H Lambright and Nacil Chairman and Managing Director Raghu Menon signed the pact at the bank's head quaters in washington.

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