The Emirates Advantage… Not just subsidies
#281
Gets Weekends Off
Joined APC: Aug 2005
Position: tri current
Posts: 1,485
The sad thing is you are so clueless that you would even make a statement like that. You do realize that in your rush towards protectionism, statements and positions like the above could well slit the throats of thousands of American unionized workers? You know that ones that have jobs because their companies sell products overseas with the help of Ex-Im financing. It's not just Boeing aircraft that are sold with Ex-Im financing.
Please people, do some research and reading on your own before buying ALPA's tripe:
The FACTS About EXIM Bank | EXIM.gov
Typhoonpilot
#282
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
The sad thing is you are so clueless that you would even make a statement like that. You do realize that in your rush towards protectionism, statements and positions like the above could well slit the throats of thousands of American unionized workers? You know that ones that have jobs because their companies sell products overseas with the help of Ex-Im financing. It's not just Boeing aircraft that are sold with Ex-Im financing.
Please people, do some research and reading on your own before buying ALPA's tripe:
The FACTS About EXIM Bank | EXIM.gov
Please people, do some research and reading on your own before buying ALPA's tripe:
The FACTS About EXIM Bank | EXIM.gov
Boeing and Obama sitting in a tree, K-I-S-S-I-N-G | WashingtonExaminer.com
"In fact, President Obama's export subsidy agency funneled 82.7 percent of its taxpayer-backed loan guarantees to just one exporter: Boeing. Out of $14.7 billion in long-term loan guarantees in fiscal year 2012, $12.2 billion subsidized Boeing sales, according to Ex-Im's annual report issued last week.
EXIM Bank is a tad bit controversial. This Is What Crony Capitalism Looks Like: Boeing Is Threatening to Move Abroad if It Doesn't Get to Keep Its Ex-Im Subsidies | National Review Online
#283
Gets Weekends Off
Joined APC: Aug 2005
Position: tri current
Posts: 1,485
As opposed the the EXIM's tripe?
Boeing and Obama sitting in a tree, K-I-S-S-I-N-G | WashingtonExaminer.com
"In fact, President Obama's export subsidy agency funneled 82.7 percent of its taxpayer-backed loan guarantees to just one exporter: Boeing. Out of $14.7 billion in long-term loan guarantees in fiscal year 2012, $12.2 billion subsidized Boeing sales, according to Ex-Im's annual report issued last week.
EXIM Bank is a tad bit controversial. This Is What Crony Capitalism Looks Like: Boeing Is Threatening to Move Abroad if It Doesn't Get to Keep Its Ex-Im Subsidies | National Review Online
Boeing and Obama sitting in a tree, K-I-S-S-I-N-G | WashingtonExaminer.com
"In fact, President Obama's export subsidy agency funneled 82.7 percent of its taxpayer-backed loan guarantees to just one exporter: Boeing. Out of $14.7 billion in long-term loan guarantees in fiscal year 2012, $12.2 billion subsidized Boeing sales, according to Ex-Im's annual report issued last week.
EXIM Bank is a tad bit controversial. This Is What Crony Capitalism Looks Like: Boeing Is Threatening to Move Abroad if It Doesn't Get to Keep Its Ex-Im Subsidies | National Review Online
Andy:
You generally make good posts, but that one is not even close to accurate. Please go read EXIM's 2012 annual report. You'll find that their total financing was $35.8 billion, of which $11.5 billion was for aircraft and avionics. So that's 32.1%, certainly not all of which is to Boeing. In fact quite a substantial amount to Gulfstream, Textron, Sikorsky, Lockheed Martin, and General Electric.
http://www.exim.gov/sites/default/fi...nualreport.pdf
Typhoonpilot
Last edited by Typhoonpilot; 05-21-2015 at 09:11 PM.
#284
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
Andy:
You generally make good posts, but that one is not even close to accurate. Please go read EXIM's 2012 annual report. You'll find that their total financing was $35.8 billion, of which $11.5 billion was for aircraft and avionics. So that's 32.1%, certainly not all of which is to Boeing. In fact quite a substantial amount to Gulfstream, Textron, Sikorsky, Lockheed Martin, and General Electric.
http://www.exim.gov/sites/default/fi...nualreport.pdf
Typhoonpilot
You generally make good posts, but that one is not even close to accurate. Please go read EXIM's 2012 annual report. You'll find that their total financing was $35.8 billion, of which $11.5 billion was for aircraft and avionics. So that's 32.1%, certainly not all of which is to Boeing. In fact quite a substantial amount to Gulfstream, Textron, Sikorsky, Lockheed Martin, and General Electric.
http://www.exim.gov/sites/default/fi...nualreport.pdf
Typhoonpilot
Quick response; I'll review the annual report, but if you're limiting the Boeing EXIM guarantees to aircraft/avionics, you're missing quite a bit of Boeing's guarantees. I'll amend my post once I review the numbers.
#286
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
OK, I see on page 33 where, combining Loans + Guarantees + Insurance, you get $35.8 Billion. Of which, United Arab Emirates is the largest recipient with $3.3 Billion. Interesting that they count the US, with $4.8 Billion in guarantees - US companies aren't eligible for EXIM.
The higher number for Boeing is due to satellite sales in addition to aircraft.
The higher number for Boeing is due to satellite sales in addition to aircraft.
#287
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Joined APC: Aug 2005
Position: tri current
Posts: 1,485
They really don't, and in fact have curtailed if not eliminated it entirely. So ALPA's attack on EXIM, if successful, could result in the loss of tens of thousands of U.S. jobs with no material affect on the airlines in question. Typical brilliant ALPA strategy.
Typhoonpilot
Typhoonpilot
#288
Gets Weekends Off
Joined APC: Aug 2005
Position: tri current
Posts: 1,485
OK, I see on page 33 where, combining Loans + Guarantees + Insurance, you get $35.8 Billion. Of which, United Arab Emirates is the largest recipient with $3.3 Billion. Interesting that they count the US, with $4.8 Billion in guarantees - US companies aren't eligible for EXIM.
The higher number for Boeing is due to satellite sales in addition to aircraft.
The higher number for Boeing is due to satellite sales in addition to aircraft.
Did you not see that Atlas Air, a U.S. company, had $864 million in there?
Typhoonpilot
#289
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
They really don't, and in fact have curtailed if not eliminated it entirely. So ALPA's attack on EXIM, if successful, could result in the loss of tens of thousands of U.S. jobs with no material affect on the airlines in question. Typical brilliant ALPA strategy.
Typhoonpilot
Typhoonpilot
But I oppose the UAE receiving any EXIM money; they are not who the program was set up for. And I'm sure you know that.
#290
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
OK, now you're engaging in over exaggerations. Many of those purchases would occur with or without EXIM financing.
I did. You understand that they aren't supposed to be eligible for EXIM loans/guarantees because they're a US company, right?
But I oppose the UAE receiving any EXIM money; they are not who the program was set up for. And I'm sure you know that.
I did. You understand that they aren't supposed to be eligible for EXIM loans/guarantees because they're a US company, right?
But I oppose the UAE receiving any EXIM money; they are not who the program was set up for. And I'm sure you know that.
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