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Boeing seeks U S aid as Airbus threat looms over jet sales
Boeing argues for Export-Import Bank support amid U S policy limits while Airbus expands with its credit lines. The bank plans to cap loans at 42.5 percent of plane value and charge 12 percent interest over 10 years, restricting loans to Third World nations and to developed nations like Germany. Boeing claims each billion in jetliner sales support 62,000 jobs, noting past downturns and Exim Bank lending patterns that favored Boeing in fiscal 1981.
MENTIONED IN THIS ARTICLE
Boeing Co
Airbus
Exim
Germany
Boeing
Munee Ee Ee
Air Canada
Scandinavian Partnership