Airbus SAS and Boeing Co. planes will become more expensive to buy using state-guaranteed export financing under a draft agreement struck today by the U.S., France and five other countries.
The proposal, which still needs final approval from the governments by Jan. 20, would raise the premiums charged for export guarantees to reduce distortions to competition between airlines, said Steven Tvardek, a negotiator with the Paris-based Organization for Economic Cooperation and Development.
“It’s a robust agreement,” Tvardek said in a telephone interview. “It will mean that government-backed financing can......
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