Growth Frontiers – ECA demand still low

European export credit agencies (ECA) and insurers supporting the aviation industry spoke at the 2024 Airline Economics Growth Frontiers Dublin conference. During the supported finance panel for Europe, UK Export Finance (UKEF) head of aerospace & defence Pat Cauthery said that “demand for ECA is still at relatively low levels”. The Covid pandemic had proven important for ECAs, since the period provided “strong evidence that ECAs are reliable; that they can react,” said Euler Hermes unit head aerospace Thomas Kolberg. However, that fall in demand for export credit backed deals was largely attributed says Cauthery to the “growing dominance of