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WSJ: Boeing helped craft own loan rule

Mar. 13, 2015 10:58 AM ETThe Boeing Company (BA) StockBABy: Carl Surran, SA News Editor4 Comments
  • Emails show an extraordinary level of cooperation between Boeing (BA -0.4%) and the Export-Import Bank on crafting tighter rules for aircraft sales to overseas carriers, according to a WSJ report.
  • For months in 2012, the Ex-Im Bank worked with Boeing to write rules that would satisfy critics in Congress and the domestic commercial airline industry while leaving most sales of the company’s airplanes to foreign carriers unscathed, WSJ says.
  • The collaboration appears to have worked, since no Boeing sales have been affected by the rule In the nearly two years since it went into effect.

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