Monday, September 14, 2009

Diamond Pilots | Philippine Airlines (PAL) is in talks with the Executive Branch's Export-Import Bank of the United States (Ex-Im Bank) for $1 Billion

Philippine Airlines (PAL) is in talks with the Export-Import Bank of the United States (Ex-Im Bank) to finance four Boeing 777-300ER aircraft with a total list price of $1 billion


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From Wikipedia, the free encyclopedia

The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government. It was established in 1934 by an executive order, and made an independent agency in the Executive branch by Congress in 1945, for the purposes of financing and insuring foreign purchases of United States goods for customers unable or unwilling to accept credit risk.

The Boeing Company is a major aerospace and defense corporation, founded by William E. Boeing in Seattle, Washington. Boeing has expanded over the years, merging with McDonnell Douglas in 1997. Its international headquarters has been in Chicago, Illinois,[2] since 2001. Boeing is the largest global aircraft manufacturer by revenue, orders and deliveries, and the second largest aerospace and defense contractor in the world.[3]