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American Airlines drops support ahead of Ex-Im court case
22 November 2011
The US carrier supported the Air Transport Association of America's (ATA) letter of demand to Ex-Im Bank but withdrew support before court action started last week.
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American Airlines
ATA
Ex-Im Bank
American Airlines has dropped out of the group supporting Air Transport Association of America's (ATA) action against Ex-Im Bank. The litigation aims to block Air India's access to favourable financing rates under Ex-Im Bank's loan guarantee programme.
The carrier had supported a November 1 letter which ATA sent to Ex-Im Bank. The letter demanded that Air India's...
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