Brazil’s GOL netted $40.7 million in U.S. Export-Import Bank-backed bond issuance to help finance an engine services contract with Delta Tech Ops—the third such deal in two years, the bank reports. Tech Ops has a five-year agreement to overhaul the airline’s CFM56-7Bs. The first two deals were done in 2012 as part of an $84.8 million Ex-Im Bank commitment supporting the contract. Meanwhile, Tech Ops parent Delta Air Lines remains a plaintiff in three lawsuits against Ex-Im related to ...


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