El Al secures $190 Ex-Im loan guarantee

The Export-Import Bank of the United States (Ex-Im Bank) has authorised more than $190 million in financing to support the export of Boeing 737-900ER aircraft to El Al Israel Airlines (El Al). “This transaction will help ensure that El Al has a modern and efficient fleet that can meet the growing demands of their customer base,” said Ex-Im Bank Chairman Fred P. Hochberg. “Ex-Im has a long and productive history of working with El Al, dating back to 1960. This transaction demonstrates that Ex-Im Bank’s strong support of the American aerospace industry increases American competitiveness and supports high-quality American jobs