With ‘Boeing’s Bank’ dormant, private sector steps in to provide ‘robust’ financing

By Timothy P. Carney

Published March 20, 2018 10:59pm ET

Add Washington Examiner on Google

With ‘Boeing’s Bank’ dormant, private sector steps in to provide ‘robust’ financing — A Boeing 737 MAX 7, the newest version of Boeing's fastest-selling airplane, is displayed during a debut for employees and media of the new jet Monday, Feb. 5, 2018, in Renton, Wash. The company says that the airplane improves on the design of its predecessor, the 737-700, with more capability, range and seats. Following upcoming flight tests, it is expected to be delivered to airline customers beginning in 2019. | (AP Photo/Elaine Thompson)

It’s been 1,000 days since “Boeing’s Bank” last approved taxpayer-backed financing to a Boeing customer. Yet the jetmaker is flying high, with an embarrassment of private-sector financing at its fingertips.

It’s a great demonstration of how unnecessary corporate welfare really is, and a great argument for President Trump and the Republicans to pull the plug on the Export-Import Bank of the U.S.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Air Travel Boeing Free Market Taxes