AIRFINANCE JOURNAL ARTICLE – PAID SUBSCRIPTION REQUIRED FOR FULL ACCESS
Boeing Capital says airlines will pay higher rates for export credit and have less access to it in 2011 due to the new Aircraft Sector Understanding (ASU) which comes into effect on January 1 2011.
Export credit agency (ECA) supported financing accounted for about 35% of Boeing aircraft deliveries this year, and 30% in 2009. In 2011, however, Boeing expects export credit agencies to support only 20 to 30%......
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