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Old 03-09-2015 | 08:20 AM
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Denny Crane
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From: Kickin’ Back
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Originally Posted by Typhoonpilot
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
So, the answer to question one is......yes.

Now your answer to question two is more evasive. The answer to it is a simple yes.

In answer to your question I would say yes, US airlines did benefit from it. But to expand on the overall point being made, did the U.S. airlines gain any advantage over their Mid-East competition by taking these subsidies? The answer to that is no because they can get the same deal. US airlines cannot get the same deal with Boeing thru the Ex-Im bank.

Advantage Mid-East carriers, 3 to 1.

Emirates Airline Denies Needing Backing From Export-Import Bank - 24/7 Wall St.

Denny
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