Rwandair Seeks U.S.$300 Million for Planes As It Readies for U.S. Flights

RwandAir is set to sign three aircraft lease agreements worth $300 million as it seeks to operate deeper into Africa by adding new routes, to create longer haul connections to Europe, America, and Asia.

In a letter to Christine Lagarde, the managing director of the IMF seeking a raise in its ceiling on new external debt, Rwanda reveals that in the first quarter of 2018, RwandAir contracted a lease for additional aircraft to expand its fleet.

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