(Lexology, London, 4 April 2024) The outlook for the aviation industry in 2024 is more positive than it has been for some years, despite the significant challenges ahead. To fill the subsequent funding gap, the ECAs (and, indeed, the manufacturers themselves) stepped up to the plate, but are...
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2024/04/29
ECAs: Bpifrance, Euler Hermes Deutschland AG, Export Development Canada, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft
2018/07/27
Country: Canada, France, Germany, United Kingdom
ECAs: COFACE, Euler Hermes Deutschland AG, Export Development Canada, UK Export Finance (UKEF)
Issue: Aircraft
(Daily Monitor, Kampala, 24 July 2018) Uganda hurriedly firmed up plans to revamp the country’s defunct airline in March 2019, after signing a purchase agreement for four Canadian Regional Jets 900 series, while at the Farnborough airshow in the United Kingdom. Uganda also signed a memorandum...
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2018/02/28
Country: France, Germany, United Kingdom, USA
ECAs: COFACE, Euler Hermes Deutschland AG, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft
(The Economist, Singapore, 8 February 2018) A management shake-out may reawaken national rivalries at the European aerospace giant. “The success of Airbus is intimately linked to the success of John [Leahy],” says Eric Schulz, successor to John Leahy, who has been chief salesman for the...
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2018/01/31
Country: France, Germany, United Kingdom, USA
ECAs: COFACE, Euler Hermes Deutschland AG, Export-Import Bank of the United States, UK Export Finance (UKEF)
Issue: Aircraft
(Fox Business, Dublin, 22 January 2018) Boeing and Airbus officials have signaled optimism that problems denting their access to government-backed plane financing are nearing resolution. Boeing and Airbus last year both delivered a record number of planes. Though commercial financing for the...
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2017/05/31
Country: France, Germany, United Kingdom
ECAs: COFACE, Euler Hermes Deutschland AG, UK Export Finance (UKEF)
Issue: Aircraft, Corruption
(Air Transport World, Arlington, 22 May 2017) Airbus has established a new independent compliance review panel (ICRP) to ensure “irreproachable” behavior, following allegations of fraud, bribery and corruption in its civil aviation business. The move follows an investigation by the UK Serious...
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2016/07/30
Country: France, Germany, United Kingdom
ECAs: COFACE, Euler Hermes Deutschland AG, UK Export Finance (UKEF)
Issue: Aircraft, Corruption
(Reuters, Paris, 27 July 2016) Airbus Group has agreed with European governments a process for regaining access to export credits, suspended earlier this year over flawed disclosures on the use of third-party agents to help to sell passenger jets, the company said on Wednesday. In a footnote in...
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Briefings & reports from ECA watch members
2008/06/08
ECAs: Euler Hermes Deutschland AG
Issue: Aircraft, Climate Change, Oil, Gas and Mining
Member: FERN, urgewald
(June 4, 2008) While the threat of climate change and the urgent need for action become ever clearer, air transport and other polluting industries are expanding on a massive scale. Supposed green pioneers such as Germany are supporting the trade with public money it hands out through its...
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