26-Mar-2014 3:28 PM

UK Export Finance to end 13 years as operating lessor 'hopefully next week'

UK Export Finance head of aerospace Gordon Welsh, speaking at the CAPA – Airline Fleet & Finance Summit 2014, stated (26-Mar-2014) the export credit agency will sell the last of 40 aircraft returned after 9-11 “hopefully next week”, ending 13 years as operating lessor. He also said the UK Export Finance’s objective is to keep a level playing field, stating “frankly we take risks that others cannot.” He also said there must be rules to ensure that export credit agencies in each country all work in a similar way.

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