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Bolivia approves loan from China to buy 2 civilian planes
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11:16, December 06, 2007

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Bolivia's Senate approved on Wednesday a 35-million U.S.-dollar loan from China's Import and Export Bank to buy two airplanes destined to Bolivia's Military Aerial Transportation, according to reports reaching here.

The MA-60 airplanes are expected to meet the public demand for air transportation service in the primary and secondary routes in Bolivia through regular, secure and timely operations, officials said.

Each of the MA-60 airplanes costs 35 million dollars, which will be paid in a 20-year span with the operation profits of the planes, Bolivian Air Force (FAB) Commander Luis Trigo said.

The FAB purchased its first cargo plane, a DC-10 heavy-load aircraft on July 28.

Since 2006, the FAB has purchased two Fokker airplanes, a 212 fighter plane and two BAE 146-200 planes.

Source:China Daily

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