17-Nov-2011 9:29 AM
ATA: Airlines Take Legal Action to Halt U.S. Export-Import Bank Aircraft Financing
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16-Nov-2011 The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today filed suit against the Export-Import Bank of the United States (Ex-Im Bank) to halt a pending deal for $3.4 billion in loan guarantees for aircraft financing to Air India, saying that it fails to meet statutory requirements, including consideration of the impact on the U.S. airline industry and U.S. airline jobs.
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