Boeing, Delta Spend Millions In Fight Over Export-Import Bank’s Existence

April 7, 2015
Airline and plane maker take opposite sides in obscure financial organization.

WASHINGTON — Last week, with little notice, a federal judge here tossed out Delta Air Lines’ longstanding claim that the government’s export credit agency — which, among other things, provides loan guarantees to overseas airlines for the purchase of Boeing jets — was helping international competitors at the airline’s expense.

Delta offered only a shrug. Judicial opinions aside, the continued existence of the Export-Import Bank turns more on bare-knuckle politics than on legal niceties.

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