Wednesday, March 6, 2013

New aircraft order to support 7,300 Boeing jobs in Washington

The Export-Import Bank of the United States has approved a final commitment of a $1.1 billion loan to finance the export of a fleet of Boeing 737-900ER aircraft to Lion Air, the largest privately owned airline in Indonesia. The manufacturing deal will support up to 7,300 jobs at the Boeing plant in Washington state.

The transaction will support an estimated 7,300 jobs at Boeing’s manufacturing facilities in Renton, Wash., and its suppliers in numerous states across the country.

The planes will be delivered to Lion Air, Malindo Airways of Malaysia and Batik Air of Indonesia.

Ex-Im Bank is providing a guarantee of financing provided by Apple Bank for Savings in New York, N.Y

"Ex-Im Bank is pleased to support part of Lion Air’s historic purchase order of Boeing extended-range aircraft. This is a tremendous opportunity for American exporters and will help to sustain thousands of jobs in the U.S. aerospace industry for years to come,” said Ex-Im Bank Chairman and President Fred P. Hochberg.

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