Tuesday 29, November 2016 by Matthew Amlôt

Ibdar exits Bombardier Q400 NextGen aircraft deals

Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has announced the successful exit along with its investors through the sale of five Bombardier Q400 NextGen aircraft for an undisclosed amount, further solidifying Ibdar Bank’s position as a major GCC player in the aviation sector. The aircraft were leased to Ethiopian Airlines and RwandAir.

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