US investment fund orders six A330 cargo planes
US investment fund MatlinPatterson Global Advisors has placed a firm order for six Airbus A330-200F long-haul cargo aircraft, European plane manufacturer Airbus said Monday.
MatlinPatterson, which specialises in buying up companies in difficulty, said the planes would be used by several firms in its investment portfolio, such as Varig Logistica of Brazil and Global Aero Logistics of the United States.
The value of contract was not disclosed but based on catalog prices the deal should be worth a little more than one billion dollars (675 million euros).
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