(Wall Street Journal, Washington, 13 August 2010) U.S. airlines are weighing in on a multibillion-dollar fight over export subsidies for jetliners, potentially complicating international negotiations over the issue and dimming chances governments will meet a year-end deadline to set new rules. While ECDG’s support for exporters increased this year by 51%, driven mainly by export orders of Airbus aircraft, British Airways complained about their lack of access to this support. “The explosive growth of export-credit financing in recent years is distorting competition among airlines worldwide and harming U.S. airlines in particular,” said James May, of the Air Transport Association, a U.S. airline trade group.
Date
30 September 2010
