Charter & Fractional
Ex-Im Bank Extension ‘Vital’ for General Aviation
Cessna Aircraft is one of the general aviation aircraft manufacturers in the U.S. that relies on the Export-Import Bank to help finance some of its business jets that are slated to be delivered to foreign customers.
Cessna Aircraft is one of the general aviation aircraft manufacturers in the U.S. that relies on the Export-Import Bank to help finance some of its business jets that are slated to be delivered to foreign customers.

GAMA hailed a bipartisan agreement reached on Friday between Republican House Majority Leader Eric Cantor and Democratic House Minority Whip Steny Hoyer to end an impasse over the reauthorization of the Export-Import (Ex-Im) Bank. The agreement, which is slated for a vote in the full House tomorrow, would extend the bank’s charter for three years and increase its lending authority to $140 billion. The Export-Import Bank’s charter lapses at the end of this month.