The plot is thickening around the reauthorization of the Export-Import Bank of the U.S. (Ex-Im Bank). Senate Majority Leader Harry Reid (D-Nev.) excoriated Republicans for voting against the bank’s reauthorization. And Airlines for America is filing a procedural step in its lawsuit to block an Ex-Im Bank deal for loan guarantees to for aircraft.
“The Bank’s reauthorization did not need to be a fight,” Reid wrote in a letter addressed to all Senate Republicans. Reid blamed House Republicans for being “ideologically opposed to the Export-Import Bank’s very existence” because of their failure to reauthorize the institution. “Although it defies belief, even the Republican co-sponsors of the reauthorization voted against it,” Reid said of his Senate colleagues.
Reid pointed out that the bank “creates jobs, provides capital to small business and enjoys bipartisan support.” He believes the House will not support its reauthorization, so he urged Republicans to find another bill to which the reauthorization could be attached.
Separately, A4A filed a brief in federal court opposing the Ex-Im Bank’s motion to dismiss the lawsuit brought against it. Ex-Im Bank called for the case to be dismissed in March, and with its filing today, A4A is asking the court to continue weighing the case.
Ex-Im Bank April 5 awarded loan guarantees to Gol Linhas Aereas Inteligentes for engine maintenance by DeltaTechOps (Aviation Daily, April 6).is a co-plaintiff on A4A’s lawsuit.