The board of the Export-Import Bank of the United States (Ex-Im Bank) voted to guarantee a loan of more than $500 million provided by Apple Bank for Savings to OJSC VEB Leasing (VEBL) of Moscow for the export of a fleet of Boeing 777 aircraft to Russia to be operated by Aeroflot Russian Airlines (Aeroflot).
Boeing delivered the first of the aircraft earlier this month.
Ex- Im Bank 's financing will support approximately 3,200 U.S. jobs, according to Bank estimates derived from Departments of Commerce and Labor data and methodology.
"The transaction showcases once again the wealth of opportunities for U.S. exporters in Russia," said Ex-Im Bank Chairman and President Fred P. Hochberg . "Moreover, the aircraft sale will support thousands of high-paying American jobs and provide Aeroflot with a top-of-the-line product."
Boeing delivered the first of the aircraft earlier this month.
Ex- Im Bank 's financing will support approximately 3,200 U.S. jobs, according to Bank estimates derived from Departments of Commerce and Labor data and methodology.
"The transaction showcases once again the wealth of opportunities for U.S. exporters in Russia," said Ex-Im Bank Chairman and President Fred P. Hochberg . "Moreover, the aircraft sale will support thousands of high-paying American jobs and provide Aeroflot with a top-of-the-line product."
