Ex-Im To Finance MIAT 767-300s

MIAT Mongolian Airlines has finalised a deal with the US Export-Import Bank for the financing of 767-300ER aircraft with GE engines. The transaction, which was guaranteed by Mongolia's Ministry of Finance, marks the first direct order from a Mongolian airline to Boeing. MIAT is also the first Mongolian airline to receive financing from Ex-Im. “This is an important step for the aviation industry in Mongolia, and the confidence shown by Ex-Im Bank in Mongolia will have a positive impact on all industries,” said president of MIAT, Jargalsaikhan Gungaa. Fred Hochberg, chairman of the Ex-Im Bank, said: “There are numerous opportunities for US exporters in Mongolia, and I hope that this agreement encourages more Americans to explore this diverse and exciting market.”

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