Exim Backs Turkish Sale for Boeing, Silent on India

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The US Export–Import Bank Board of Directors approved a final commitment loan guarantee to support the export of more than $673 million of Boeing 787-9 aircraft to Turkish Airlines. EximChair Reta Jo Lewis had no comment on the White House’s announcement of over 200 Boeing aircraft to Air India. “We estimate that a majority of the narrowbody fleet will be financed via the sale-leaseback mechanism, while the wide-body fleet will involve finance leases or an outright purchase,” Satyendra Pandey, managing partner at aviation advisory AT-TV, told Indian journal Business Today. “These can involve a combination of bank financing, EXIM and ECGD financing and maybe even bond issuances,” he added.

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