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UAL wins repossession fight

01 April 2005

Read more: airline Chapter 11 Airlines United Airlines

United Airlines has won a court battle to keep hold of 14 of its aircraft in the face of legal challenges from a group of lessors.  On March 18, John Darrah, a judge in the northern Illinois district court, turned down an appeal against a restraining order that prevented the group from repossessing 14 leased aircraft. The judge also backed United's efforts to prove that the group is breaking US antitrust law.

The Aircraft Providers' Group, which includes the Bank...


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“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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