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09 January 2009 The on-line newspaper devoted to the world of transports 10:57 GMT+1



April 15, 2004

EVA Airways raising cash for payment on Boeing jets

TAIPEI, Taiwan (AP) - EVA Airways Corp., Taiwan's second largest airline, said Thursday it plans to raise between 4 billion New Taiwan dollars (US$121 million) and NT$5 billion (US$151 million) by the end of the third quarter to help cover its down payment on 15 Boeing Co. aircraft.

Wu Kuang-hui, EVA's deputy senior vice president, said that the down payment would be equivalent to 35 percent of the total value of the plane purchase.

The deal was valued at roughly NT$99 billion (US$3 billion) by list price ......
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