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 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "New Export Credit Agreement Raises Concerns".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.