Emergent rules on aircraft export credit financing threaten to drive up costs to airlines and could trigger job losses at manufacturers in a future downturn, industry officials warn. The Organization for Economic Cooperation and Development’s latest update to the Aircraft Sector Understanding (ASU) on export credits for civil aircraft has become a high-stakes battle among airlines, banks and aircraft makers. OECD members met Dec. 16-17 in Paris to finalize a draft agreement to supplant ...

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