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Air India deals continue as US Ex-Im injunction overturned
17 January 2012
US District Judge rejects preliminary injunction to stop a US Ex-Im-supported loan to Air India.
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US Ex-Im
A4A
lawsuit
Boeing
Air India
The Export-Import Bank of the United States (US Ex-Im) has been given the go-ahead to offer $1.3 billion in guarantees to support an aircraft loan to Air India after Washington DC’s District Court rejected a preliminary injunction request to block the deal.
In November 2011 the Airlines for America (A4A) filed a lawsuit in Washington DC against the US Export-Import (Ex-Im) Bank on November 16 2011 in a bid to overturn a US government export credit financing commitment of $1.2 billion to Air India (Trade Finance 17/11/2011). A4A, formerly known as the...
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