Uzbek government issues statute funding purchase of B787s

Uzbekistan Airways owner, the Uzbek government, has approved a USD246.6million funding mechanism required to purchase two B787-8s from Boeing and one spare engine. According to the Uzbek press, the Fund for Reconstruction and Development of Uzbekistan (FRDU) will extend a loan worth USD123.3million backing the acquisition with 40% of the remaining capital to come from foreign banks and the carrier's own coffers.
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