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Boeing renting out 747s to cargo carriers

Move increases the planemaker's exposure to potential defaults on payments
Friday, March 31, 2017 - 05:50

Washington

BOEING has a temporary plan to save the iconic but slow-selling 747 jumbo jetliner: buying its own planes and leasing them to cargo haulers.

With the effective shutdown by Congress of the Export-Import Bank - which traditionally has helped overseas carriers purchase

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