Air tanker fleet is hit by credit crunch
It looks like the FSTA project is finally facing the harsh reality of life!
Air tanker fleet is hit by credit crunch - The Times 7 Oct 07
Details of the financing were revealed last week by Thomson’s Project Finance International, a financial publication. It said the programme, called Future Strategic Tanker Aircraft (FSTA) “hangs in the balance”. Its report said that a plan for a group of banks to provide the loans came unstuck when they raised the price because of the credit crunch.
Cue Beagle!
Last edited by LFFC; 7th Oct 2007 at 10:43.