Boeing sees no aircraft financing gap in 2012

(Forex News, 6 December 2011) Boeing forcasts airlines will avert a shortfall in aircraft financing next year by relying increasingly on capital markets and alternative sources as pressure grows on European banks... Export credit agencies such as the Export-Import Bank in the United States should see their share remain static at 30 percent... Boeing had proposed that export credit agencies such as ExIm should, for a fee, cover bondholders for the political risk that a country would fail to apply the Cape Town Convention, leaving them with the commercial credit and asset risk.