ANNOUNCEMENT 20 Sep 2012

In September 2012, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning flight hour basis repairs and overhaul of 100+ CFMs in India.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 20 Sep 2012 | Removal date: open ended
Still in force

Trade finance

The project value is 325 million CHF (348 million USD) and it finances flight hour basis repairs and overhaul of 100+ CFMs by SR Technics Switzerland Ltd..

The maturity of the loan will be shorter than two years. The SERV differentiates between nine categories of fiancial support. The present project is a supplier credit insurance (cateogry S).

AFFECTED SECTORS