Turkish airline gains Ex-Im financing for B737s

Turkish airline gains Ex-Im financing for B737s    SunExpress, an airline based in Antalya, Turkey, is using financing from the U.S. Export-Import Bank for the purchase of several Boeing 737-800 planes with engines manufactured by CFM International.
   Ex-Im Bank is guaranteeing about $220 million of financing provided by Toronto-Dominion Bank of Mount Laurel, N.J. The transaction is Ex-Im Bank's first for SunExpress, which was created as a joint venture between Turkish Airlines and Lufthansa in 1989.
   'Ex-Im Bank is pleased to support SunExpress' fleet expansion with B737-800 aircraft,' said Fred P. Hochberg, Ex-Im Bank chairman and president, in a statement. 'This transaction will help maintain jobs at Boeing and CFM and their suppliers across the country. We want to assist more U.S. exporters in this key emerging market.'