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Delta Airlines wants to stop Ex-Im help on big jets

Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive said on Wednesday."We would be perfectly willing, if we had a total moratorium on narrow-body and wide-body financing, to forego" export credit help on narrow-body jet purchases from Bombardier , Delta CEO Richard Anderson said in an interview with Reuters.In December, Delta ordered 40 Bombardier CRJ900 regional jets with an option for 30 more in a deal worth up to $3.29 billion."We are trying to do whatever we can to get a level playing field in a world where my government decides that they would rather help my competitors in the marketplace than Delta," he added.Airlines with good credit can get market-rate funding without "giving them the balance sheet of the U.S. government," Anderson said.Delta sued the Ex-Im bank last month i...

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  2. Delta Air Lines sues U.S. Export-Import Bank over subsidies

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  12. U.S. DOT Publishes 2011 Airline Report Card

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  1. Delta Airlines wants to stop Ex-Im bank help on big jets

    Delta Air Lines wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such...

  2. Survey Finds Airline Quality Up, But Consumers May Disagree

    Consumers might be complaining more, but airline quality made improvements.The 2013 Airline Quality Rating report found consumer complaints climbed 22% last year, bu...

  3. Delta Widens Offensive Over Jet-Loan Deals

    Delta Air Lines Inc. (DAL) has intensified efforts to freeze financial support by a U.S. government agency for Boeing Co. (BA) aircraft exports, this time drawing in...

  4. U.S. Ex-Im chief defends bank as critics take aim

    The president of the U.S. Export-Import Bank on Thursday defended his agency from conservative Republicans who want to close it down, as well as against a new compla...

  5. U.S. Ex-Im chief defends bank, as Delta strikes again

    The president of the U.S. Export-Import Bank on Thursday defended his agency in face of attacks by conservative Republicans who want to close it and a new complaint ...

  6. Airbus Taking Aim at Rival Boeing with 1Q Order Boost

    European planemaker Airbus looks set to challenge Boeing (NYSE:BA) for top place in the order race in the first quarter after falling behind its U.S. rival in 2012, ...

  7. Airbus challenges Boeing with first quarter order boost

    European planemaker Airbus looks set to challenge Boeing for top place in the order race in the first quarter after falling behind its U.S. rival in 2012, data showe...

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