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Ex-Im Bank Asked to Finance Export of Jetliners to China

Thursday, July 24, 2014
Sandler, Travis & Rosenberg Trade Report

The Export-Import Bank has received an application for a loan guarantee to support the export of U.S.-manufactured Boeing 777 and Boeing 737 passenger aircraft that will be operated by an airline in China for passenger route service within China and from China to various regional and international destinations, potentially including the United States. The Bank states that the total value of the transaction is in excess of $200 million and that, based on currently available information, the amount of increased wide-body seat capacity resulting from these aircraft will be one percent or more of comparable wide-body seat capacity within the U.S. airline industry. Comments on this application are due by Aug. 6.

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