In Washington, the reauthorization of the Export-Import Bank (Ex-Im Bank) has become a prime and significant policy discussion among members of Congress and all stakeholders involved. Each day that Congress debates whether or not we should reauthorize the bank, we potentially hurt our chances to protect U.S. jobs and U.S. businesses. The decision need not be black or white. There is solid and sensible middle ground where everyone can win.
For months, the Air Line Pilots Association, Int’l has been meeting with lawmakers as well as reporters covering Ex-Im. In all of our meetings and interviews, we have consistently made our position clear: Reauthorize the Ex-Im Bank, but with reasonable, narrow, targeted reforms that eliminate the financing of widebody aircraft to creditworthy airlines and foreign airlines that are state-owned or state-supported. Why? Because the Bank in its current form provides an economic advantage to our foreign, state-funded competitors, on the U.S. taxpayers’ dime, ultimately harming U.S. aviation workers.
If Congress reauthorizes the Ex-Im Bank with our targeted reforms, it will ensure fair competition for all U.S. workers and level the playing field for U.S. airlines by safeguarding airline jobs and continuing the Bank’s work to promote U.S. goods and services in international markets.
The latest news:
- Ex-Im Criticized For Lending To State-Controlled Foreign Companies
- Reauthorize Ex-Im to make cents for all U.S. businesses, not just Boeing
- Pilots, Other Labor Unions Split on Ex-Im Bank Reform
- Reauthorize the Ex-Im Bank, but stop loans to foreign airlines
- US airlines deserve a level playing field
- Delta: GAO Report Illustrates Need For Ex-Im Reform
For more on the Ex-Im Bank, please check out our Export-Import Bank Fact Sheet.