Airlines: Jet export credit reform needed

10/14/2010 | Reuters · Bloomberg · Air Transport World · Bloomberg Businessweek

A group of 24 airlines has proposed that Europe and the U.S. place a cap of export credits on the sale of passenger jets at 20% of deliveries. The proposal was included in a letter laying out demands ahead of an international meeting regarding the rules for financing sales of jets made by Boeing and Airbus. The airlines say they are locked out of the export credit system, which reduces costs for competitors such as Dubai's Emirates.

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Reuters · Bloomberg · Air Transport World · Bloomberg Businessweek

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