Investec Supports Air Côte d’Ivoire’s Fleet Expansion with Aircraft Financing
Air Côte d'Ivoire Expands Fleet with Investec Financing
Investec, a financial services firm, announced its continued partnership with the national carrier, Air Côte d’Ivoire.
This collaboration involves the successful refinancing of an existing facility related to one Airbus A320, as well as the financing for the acquisition of two new Airbus A319 aircraft, thereby augmenting the airline’s existing fleet.
This expansion, supported by Investec since 2017, will increase Air Côte d’Ivoire’s fleet from 9 to 12 aircraft, with plans to reach 13 by year-end.
We are pleased to play our part in enabling the airline to expand its operations and enhance regional connectivity in Africa, and in that way contribute to economic growth on the continent.”
Thato Matsha, Aviation Finance Consultant, Investec South Africa.
The additional (narrow-body) aircraft are expected to strengthen regional connectivity within Africa, together with the A330neo wide-body fleet which is poised to drive the transcontinental expansion strategy.
