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interCaribbean expands its fleet with financing for eight Embraer E170 aircraft and refinancing for five ATR aircraft

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Investec has closed its first transaction with interCaribbean Airways to finance their acquisition of eight Embraer E170 aircraft and refinance five ATR aircraft owned by the airline. The addition of the Embraer E170 aircraft will enable the airline to expand its current offerings and introduce new routes and destinations.

This transaction represents a significant milestone in Investec’s regional aircraft financing strategy, which is part of the broader Investec Aviation offering. Regional aircraft, typically accommodating 100 seats or fewer, are crucial for supporting interconnectivity and route growth, delivering efficient service and frequency that larger commercial aircraft cannot provide.

“We approached Investec because of its flexibility, service ethic and extensive experience with regional aircraft,” says Lyndon Gardiner, Chairman of interCaribbean. “The bank's expertise in providing tailored lending solutions made it the ideal choice for interCaribbean as we seek to enhance our fleet and expand our operations.”

Find out more in our press release

About interCaribbean Airways

interCaribbean Airways is the leading regional airline serving intra-Caribbean flights to more destinations across the Caribbean islands than any other airline. A current and planned network of 27 cities with plans for even more are in the works. The network stretches from Havana to the west, Barbados to the east, and Guyana to the South

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