Рђzerbaijan to return credits on Boeings by 2011
Рђzerbaijan will complete payments on loans for two Boeing -757-200 aircrafts bought in 1999 by 2011, the AZAL (Azerbaijan Airlines) State Concern told Trend. AZAL currently performs payments for these loans. But repayment may occur earlier. The credit amount for purchasing of two aircrafts is about $120 million. They have been allocated by the US Eximbank.
The AZAL State Concern has already reimbursed credits for construction of the new air terminal complex at Heydar Aliyev Baku international airport. The amount of the loan was about $80 million.