DELTA PEOPLE, ALPA LOBBY CONGRESS ON EX-I’M BANK
February 25, 2015
Representatives from In-Flight Service, Flight Operations, Airport Customer Service and Delta Cargo will be visiting Members of Congress this week to voice their concerns about the U.S. Export-Import Bank.
The Ex-Im Bank harms U.S. airlines and their employees by subsidizing widebody aircraft purchases by foreign state-owned and supported carriers.
The multi-divisional group of Delta people will be urging more than 100 Members of Congress to enact reforms that will level the playing field for U.S. airlines.
ALPA representatives will be joining Delta to advocate for reform of the Ex-Im Bank.
Roll Call Blog reported that ALPA’s president is making similar arguments to those used by Richard Anderson about the Bank’s aid to foreign carriers. At the same time, the International Association of Machinists (IAM) is lobbying in support of the Bank, and directly against Delta.
Airline employees have been advocating for reform of the Bank’s practice of providing guarantees for state-owned and supported foreign airlines to purchase widebody aircraft, which are then deployed against U.S. carriers on international routes. Those guarantees directly threaten U.S. airline jobs as state-owned and supported foreign carriers enjoy a significant financial advantage on international flights thanks to the Bank’s loan guarantees.
Most of the purchases backed by Ex-Im guarantees are to creditworthy foreign airlines that have access to commercial loans.