Originally Posted by
Denny Crane
A couple of simple questions.
Do the three Mid-East carriers being discussed receive subsidies from their respective governments?
Do these same carriers receive loans on wide body aircraft from the ex-im bank at reduced interest rates that US carriers cannot get?
Denny
Stated in my initial post, no question that EY and QR receive significant support from their respective governments, EK less so.
As for question two, here is an interesting tidbit for you:
From 2008 through 2013, Ex-Im supported deliveries of 789 Boeing large commercial aircraft, and European export credit agencies (ECA) supported deliveries of 821 Airbus large commercial aircraft.
So, did U.S. carriers benefit from ECA financing that European airlines can not get?
Typhoonpilot