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Ex-Im Bank Approves $1.1 Billion in Financing for Boeing Exports

The Export-Import Bank approved a $1.1 billion in financing for the export of Boeing aircraft to the largest privately owned airline in Indonesia, the bank announced March 5. The financing will support a portion of the Indonesian company Lion Air’s…

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outstanding orders for Boeing B737-900ER aircraft, a press release said. That order includes 230 Boeing 737 aircraft ordered in November 2011, the largest commercial aircraft order in aviation history, the release said. Ex-Im Bank initially approved the financing in 2011.