Opinion: Government creates "unlevel playing field" with export loans

09/22/2010 | Swelblog.com

While increased competition by foreign carriers may be a good thing, giving these carriers a competitive advantage by subsidizing aircraft purchases harms more than just airlines, William Swelbar argues. "The financing advantage enjoyed by recipients of Export Credit Agency (ECA) loans facilitates events that are neither good for airline employees, U.S. tax coffers or the prospects for the U.S. airline industry returning to profitability," he writes.

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