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Startup airline Libyan Wings is close to securing a multimillion-dollar Islamic loan even as the North African nation wrestles with a stalled banking system.Libyan Wings, which will start with short-haul North African flights, signed a preliminary agreement to purchase seven planes with a list price of $1.2 billion to be delivered from 2019 .Passengers from Libya to international destinations are expected to increase 13 percent this year from 2.75 million travelers in 2013, he said by phone on Feb. 24 .Libyan Wings will be competing with both national and international airlines in the nation of about 6 million people.
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