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Ex-Im Bank crucial for jobs, competitiveness: Boeing

Published Mon, Jul 14, 2014 · 10:00 PM
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LONDON] The head of Boeing's commercial aircraft division said that he was optimistic that the US Congress would ultimately agree to reauthorise funding to the Export-Import Bank, which guarantees billions of dollars in loans to foreign buyers of its airplanes.

The Boeing executive, Raymond Conner, argued that failure to keep the bank running would risk American jobs and place Boeing at an unbeatable disadvantage to Airbus, which receives sim…

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