Angola to Buy Boeing Planes in $297 Million US-Backed Deal

Angola’s state-owned carrier TAAG will acquire Boeing 787-10 aircraft and spare engines under a $297 million financing deal approved by the US Export-Import Bank.

The transaction will fund the purchase of the wide-body jets and General Electric Aerospace equipment, supporting about 1,400 jobs across US supply chains where Boeing and GE operate, EXIM said in a statement Wednesday.