EADS: Many Banks Will Not Return To Aircraft Financing while ECAs will grow

(Dow Jones, London, 2 June 2010) The head of Airbus parent European Aeronautic Defence & Space Co. NV said Wednesday that he didn't expect many banks that stopped funding aircraft purchases to return to the market, though China will take up some of the slack... He expected export credit agencies to continue their increased backing for aircraft deals - they accounted for about a third of total industry funding last year.