U.S. backs $1.1 billion finance for planes to Indonesia

North America

Wednesday, March 06, 2013

The U.S. Export-Import Bank has approved a final commitment of $1.1 billion to finance the export of Boeing 737-900ER planes to Lion Air, the largest privately owned airline in Indonesia. The aircraft will be delivered to Lion Air, Malindo Airways (Malaysia) and Batik Air (Indonesia). Ex-Im Bank estimates the transaction will support an estimated 7,300 jobs at Boeing’s plant in Renton, Wash., and its suppliers in numerous states across the country. T...

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