Keystone Law’s Aviation team has advised Royal Jordanian Airlines on the successful financing of two E195-E2 aircraft through its first Brazilian export credit-backed facility.

The transaction was structured as an Export Credit Agency (ECA) financing, supported by the Brazilian Development Bank and the Brazilian Guarantees and Funds Management Agency S.A.

The team was led by Aviation partner Mario Jacovides, assisted by Associate Mark Turner.

Suha Al Arda, Chief Strategy & Corporate Performance officer at Royal Jordanian Airlines commented:

“We are very pleased to have successfully closed this financing, which is an important step in strengthening our fleet and supporting our growth strategy. We are grateful to Mario and Mark at Keystone Law for their invaluable guidance throughout the process.”

Mario Jacovides said:

“It was great to have acted for Royal Jordanian on their first BNDES supported financing and we wish Royal Jordanian Airlines every success as it continues to scale and expand its fleet.”

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