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February 4, 2014 – Bangalore Aviation

Daily Archives: February 4, 2014

US airlines and pilots sue US Exim bank to stop Air India loan guarantees

February 4, 2014 1

Claiming unfair advantage being giving to foreign carriers, Delta Air Lines, one of the world’s largest, along with the Air Line Pilots Association (ALPA) which represents 47,000 pilots working for 28 U.S. commercial airlines, and Hawaiian Airlines, have sued the Export-Import Bank of the United States for providing cheap financing in the form of $1.3 billion in loan guarantees and …

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