One more Boeing for Tarom

A new Boeing 737-700 (some $36 million in catalogue price) will be added to Tarom’s fleet today and will be used for European flights among others, Tarom’s general manager Ioan Lixandru said. “We will get the second Boeing 737 in December,” he added. The Boeing 737-700 was due to land in Bucharest yesterday and comes from Seattle, US, the production hub of the international aircraft maker. The two aircraft were bought by Tarom based on an export credit worth $75 million and brokered by ING Capital LLC New York. The loan was granted for 12 years and is pledged by the Finance Ministry and by Exim Bank US. ING Bank Romania in 2001 funded the acquisition of another two Boeings for Tarom, in a deal worth $83 million. ZF