Wednesday, January 20, 2010

Export Credit Agencies will be the key to avoid a funding gap for aircraft deliveries in 2010

Although 2009 was deemed to be a challenging year for funding the massive delivery schedules of Boeing and Airbus, the industry has seen little or no "Funding Gap" on an estimated USD66 billion of deliveries. This was essentially due to the huge commitment of the Export Credit Agencies (ECAs) on both sides of the Atlantic......