Airbus gains new financing ally in US
Airbus Group will open itself up to financing from an unlikely source when the first jet is delivered Monday from its new factory in Alabama: the US Export-Import Bank. The govt-owned bank’s guarantees have helped finance hundreds of Boeing jets over the years. Airbus has used similar European agencies to help its sales, but now building aircraft in the US will allow some of the Airbus’ customers to tap Ex-Im for the first time. The first aircraft delivered from the new Airbus plant in Mobile are destined for JetBlue Airways and American Airlines, which like other US carriers are barred from receiving European export-credit support because of global trade rules. But Airbus hasn’t ruled out using the factory to build planes for export, and those sales would be eligible for US help. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-04-25/general/airbus-gains-new-financing-ally-in-us
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Airbus gains new financing ally in US
Airbus Group will open itself up to financing from an unlikely source when the first jet is delivered Monday from its new factory in Alabama: the US Export-Import Bank. The govt-owned bank’s guarantees have helped finance hundreds of Boeing jets over the years. Airbus has used similar European agencies to help its sales, but now building aircraft in the US will allow some of the Airbus’ customers to tap Ex-Im for the first time. The first aircraft delivered from the new Airbus plant in Mobile are destined for JetBlue Airways and American Airlines, which like other US carriers are barred from receiving European export-credit support because of global trade rules. But Airbus hasn’t ruled out using the factory to build planes for export, and those sales would be eligible for US help. <br/>
