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US IRS attacks Latin American carriers

01 April 2005

Read more: airline Airlines ATA US Internal Revenue Service Aital

A move by the US Internal Revenue Service to extract income tax from employees of Latin American airlines has drawn criticism from Iata and the regional Latin American Airlines Association (Aital). The Internal Revenue Service is asking airlines from seven Latin American countries – Brazil, Chile, Costa Rica, El Salvador, Guatemala, Peru...


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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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