Officials from Boeing, Airbus and the export-credit agencies say government support is starting to throttle back as financial markets recover, so the conflict should diminish. ❋ Daniel Michaels (2010)
The European Investment Bank, the EU's lending arm, has picked up some of the slack, along with member nations' export-credit agencies, but it isn't enough to keep development on target. ❋ Selina Williams (2011)
"European export-credit agencies have different and individual constraints which do not make them directly comparable with Ex-Im," said Nigel Taylor , Airbus's senior vice president for customer, project and structured finance. ❋ Kaveri Niththyananthan (2012)
Differences have deepened since the financial crisis hit because export-credit has expanded to support roughly 35% of Boeing and Airbus sales. ❋ Daniel Michaels (2010)
Domhnal Slattery , chief executive of Irish lessor Avolon Aerospace Leasing Ltd. and a veteran of past downturns, predicts next year will be the biggest year ever for jetliner export-credit financing. ❋ Daniel Michaels (2011)
Support from comparable European export-credit agencies to buyers of Airbus planes will equal or surpass last year's record level, according to European industry officials. ❋ Daniel Michaels (2010)
This assumes using international development banks and export-credit agencies besides commercial banks to cover political risk, as well as a deal structure of 30% equity and 70% debt. ❋ Unknown (2011)
The banks will raise the new funds from national and international banks and development banks and export-credit agencies, MMX Chief Executive Roger Downey said in a statement Tuesday. ❋ Diana Kinch (2011)
During the economic crisis two years ago, export-credit agencies in Europe and the U.S. helped finance roughly one-third of all deliveries, allowing Boeing and Airbus to keep production high and staffing largely intact. ❋ Daniel Michaels (2011)
The airline group's letter blasted "undisciplined competition" among export-credit agencies t o support airplane sales in their countries. ❋ Daniel Michaels (2010)
The transatlantic lobbying alliance marks the first time carriers from the home countries of Boeing and Airbus have joined forces to attack export-credit financing. ❋ Daniel Michaels (2010)
They also agreed to open talks on setting guidelines for export-credit financing, an area where Beijing's aggressive practices have raised U.S. concerns, "with the goal of concluding an agreement by 2014." ❋ Jeremy Page (2012)
Boeing and its rival Airbus, a unit of European Aeronautics Defence & Space Co., currently rely on export-credit guarantees to help finance more than one-third of their jetliner deliveries. ❋ Daniel Michaels (2010)
Like U.S. carriers, they don't receive export-credit guarantees. ❋ Daniel Michaels (2010)
Since the 2008 financial crisis, export-credit agencies have expanded their role in jet sales. ❋ Daniel Michaels (2011)
If the carrier fails to pay, the export-credit agency covers the loan and repossesses the plane. ❋ Unknown (2010)
"The explosive growth of export-credit financing in recent years is distorting competition among airlines worldwide and harming U.S. airlines in particular," said Mr. May. ❋ Unknown (2010)
Under an unwritten and nonbinding agreement between the U.S. and European countries from 1986, U.S. giant Boeing and Europe's Airbus do not seek export-credit financing on behalf of customers in each other's home markets. ❋ Unknown (2010)
It also said a G-20 goal of making available $250 billion in trade finance has been achieved, mostly through national export-credit agencies. ❋ John W. Miller (2010)
