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Dublin Conference: ECAs to take greater share of 2012 financing

27 January 2012

Airbus and Boeing executives talk to Airfinance Journal about this year’s $95 billion financing requirement.

Read more: Airbus Boeing Dublin conference Kostya Zolotusky Nigel Taylor

Export credit agencies will support record numbers of aircraft loans this year as airlines close the last of their export credit transactions under more attractive Large Aircraft Sector Understanding (LASU) terms.

Kostya Zolotusky, managing director, Boeing Capital Corporation, says there is a $95 billion financing requirement in 2012 across Boeing, Airbus, Embraer and Bombardier deliveries, up from $77 billion last year.


He expects commercial debt financing to drop by 4% to just 21% of deliveries while Ex-Im financing for Boeing deliveries will rise from 27% in 2011...


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Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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