Nearly $10 Billion in Guarantees Aided Sales of Boeing Planes in FY 2007-2008

November 6, 2009 – The Boeing Co. was the biggest beneficiary of long-term loan guarantees by the Export-Import Bank of the United States in fiscal years 2007 and 2008, a Subsidyscope analysis shows. Of the $15.3 billion in guarantees issued by Ex-Im during the two-year period, nearly $10 billion, or 65 percent, went toward the purchase of commercial aircraft made by Chicago-based Boeing. Read more »