Boeing 747 jumbo flies into sales headwind as Ex-Im funding ends

Chicago

AIRLINES in nations as far-flung as Azerbaijan and Nigeria are about to find it harder to pay for 747 jumbo jets, complicating Boeing Co's efforts to line up buyers for a plane that is already falling out of favour.

After months of struggle in Congress, the charter for the US Export-Import Bank is set to expire after Tuesday, eliminating a long-time source of financing for aircraft orders from Boeing's overseas customers.