The US District of Columbia Appeals Court has reversed a July 2012 decision by the DC District Court to uphold the Export-Import Bank’s 2011 issuance of $3.4 billion in loan guarantees to Air India for its purchase of 30 Boeing widebodies, including 28 787 Dreamliners. Delta Air Lines and the Air Line Pilots Association (ALPA) had originally filed suit against the Ex-Im Bank, claiming it had failed to consider the effects the loan guarantees to Air India would have on US industries ...

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