The Emirates Advantage… Not just subsidies
05-21-2015, 08:20 PM
#281
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Joined APC: Aug 2005
Position: tri current
Posts: 1,485
Originally Posted by gloopy
But what ME3 are doing is illegal according to our agreements with them. The Bank of Boeing has never had less support in general, and with wide bodys for flush filthy rich state owned megalomaniacs in particular. Time to pull the plug.
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
05-21-2015, 08:41 PM
#282
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Joined APC: Mar 2006
Position: guppy CA
Posts: 5,153
Originally Posted by Typhoonpilot
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
05-21-2015, 09:00 PM
#283
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Joined APC: Aug 2005
Position: tri current
Posts: 1,485
Originally Posted by Andy
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.
05-22-2015, 06:57 AM
#284
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Joined APC: Mar 2006
Position: guppy CA
Posts: 5,153
Originally Posted by Typhoonpilot
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.
05-22-2015, 07:47 AM
#286
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Joined APC: Mar 2006
Position: guppy CA
Posts: 5,153
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.
05-22-2015, 07:56 AM
#287
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Posts: 1,485
Originally Posted by NERD
Typhoon,
Why do the ME3(very wealthy nations)even need ex/im funding?
Why do the ME3(very wealthy nations)even need ex/im funding?
Typhoonpilot
05-22-2015, 07:58 AM
#288
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Posts: 1,485
Originally Posted by Andy
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
05-22-2015, 08:23 AM
#289
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Posts: 5,153
Originally Posted by Typhoonpilot
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
Originally Posted by Typhoonpilot
For the UAE I believe it was $1.2 billion between Etihad and Emirates, the rest was other.
Did you not see that Atlas Air, a U.S. company, had $864 million in there?
Typhoonpilot
Did you not see that Atlas Air, a U.S. company, had $864 million in there?
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.
05-22-2015, 08:26 AM
#290
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Posts: 3,655
Originally Posted by Andy
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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