Regulations and Government
Aviation Groups Urge Lawmakers To Fix Ex-Im Limits
The Ex-Im bank's governing board does not have the required number of directors to approve transactions over $10 million.

A broad spectrum of manufacturing organizations are urging lawmakers to support language that would enable the U.S. Export-Import (Ex-Im) bank to approve transactions that are greater than $10 million. In a September 12 letter to House and Senate leaders, 15 organizations, including GAMA and the Aerospace Industries Association, noted that despite last year’s multi-year renewal of the Ex-Im bank, the bank’s governing board does not have the required number of directors to approve transactions of more than $10 million. 


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