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US appeal judge overturns United Airlines' fight to fend off repossessions on aircraft

01 May 2005

Read more: United Airlines Chapter 11 Aircraft Bond Airlines

A US appeal court judge has dealt United Airlines a blow by overturning its efforts to fend off repossession of up to 175 leased aircraft. Judge Easterbrook of the US Seventh Circuit Court of Appeals announced on May 6 that Eugene Wedoff, the bankruptcy judge overseeing United's Chapter 11 reorganization, had exceeded...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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