US Ex-Im would consider financing Mobile A320s

Washington DC
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The Export-Import Bank of the United States (US Ex-Im) would consider financing Airbus A320s assembled at the airframer's planned final assembly line in Mobile, Alabama.

"We certainly would entertain an application," says the export credit agency. "The fact that it's Airbus is not really relevant." However, they note that this is all hypothetical until there is an application from Airbus.

The European airframer says that it would welcome US Ex-Im support for A320s exported from the USA if available.

US Ex-Im has previously financed exports manufactured by foreign companies in the USA, for example helicopters from AgustaWestland North America's Philadelphia plant. Embraer has also said that it plans to seek financing for Phenom business jets assembled at its Melbourne, Florida plant.

The bank says that it would finance either up to 85% of the financeable amount of the export or 100% of the US content, whichever is less.

Airbus plans to begin assembly at its Mobile final assembly line in 2015 with the first delivery in 2016.