Ex-Im Bank Considers Financing Aircraft Exports to China
The Export-Import Bank of the United States has received an application for a loan guarantee to support the export of U.S.-manufactured Boeing 787 wide-body passenger aircraft to an airline in China, which will provide passenger services. The total value of the transaction is in excess of $200 million and the amount of increased wide-body seat capacity resulting from these aircraft and possibly others could be 1% or more of comparable wide-body seat capacity within the U.S. airline industry. The aircraft in this transaction could enable passenger route service within China and from China to various regional and international destinations, potentially including the United States. Interested parties may submit comments on this transaction no later than Aug. 19.