Export-Import Bank Reauthorization Passes The Senate | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.28.17

Airborne-Unmanned 04.25.17

Airborne-YouTube

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.28.17

Airborne-Unmanned 04.25.17

Thu, May 17, 2012

Export-Import Bank Reauthorization Passes The Senate

Measure Called Critical For GA Manufacturers

GAMA on Tuesday praised the Senate's passage of H.R.2072, Export-Import Bank Reauthorization. The bi-partisan legislation extends the bank’s charter into 2014 and grows its authorized lending cap to $140 billion, an increase over the current $100 billion.

“The Export-Import Bank’s continued lending authority is great news for thousands of general aviation manufacturing workers and businesses of all sizes,” said GAMA’s President and CEO, Pete Bunce (pictured). “Reauthorization ends a period of great uncertainty for our industry’s manufacturers who have come to increasingly rely upon Export-Import Bank financing over the past several years.” 
 
The reauthorization comes immediately after Export-Import Bank President, Fred Hochberg, announced a “new credit process to facilitate and expedite the Bank’s financing for business aircraft and helicopters.” The announcement was made at the European Business Aviation Convention and Exhibition (EBACE) held in Geneva, Switzerland this week.
 
“We appreciate the great bi-partisan efforts in both chambers," Bunce said. "This legislation, coupled with the bank’s own initiatives to facilitate general aviation financing, will certainly assist in the recovery of our industry and protect high-quality manufacturing jobs.”

FMI: www.gama.aero

Advertisement

More News

AMA Drone Report 04.27.17: Kitty Hawk Flyer, College Drones, DJI VR Goggles

Also: Airborne at XPONENTIAL, AMA On Mil-Airspace, Canadian Drones, AMA Legislative Efforts With an appearance not all that different than many of the multi-copters we’re all>[...]

AUVSI and Aero-News Announce Live Webcast Schedules for XPONENTIAL 2017

The World's Greatest Gathering Of 'All Things Unmanned' Will Get Expert Live Coverage! The Association for Unmanned Vehicle Systems International (AUVSI) and their "Airborne-Unmann>[...]

Airborne-Unmanned 04.25.17: UAS Broadcast, College Drone Racing, XPO17 LIVE!

Also: Aeryon Labs, Northrop Grumman, XTAR Connectivity, Bowling Green Drones The broadcast platforms of tomorrow may well be unmanned... and 360 Designs has just introduced the Fly>[...]

Airborne 04.27.17: HondaJet Records, More UAL Fallout, Avenger Gathering

Also: Peggy Whitson!, AUVSI 2017 Live, Air Medical Group, Canadian Airports, GLO Bankrupt, WestJet, Second T-X A HondaJet has officially secured its first speed records over two re>[...]

Airborne 04.28.17: Perlan Mission II, DJI VR Goggles, Pilot... NOT!

Also: American Airlines, Airborne-NextGen, Biofuel, ATR 72-600, Gogo, Drone Drive, L3 Aviation Airbus Perlan Mission II, an initiative to fly a glider to the edge of space to colle>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC