AAF’s Director of Financial Services Policy Meghan Milloy’s op-ed on the imporance of a strong Ex-Im Bank was featured in The Hill this morning. Please see an excerpt below:

“A fully functional Ex-Im Bank is important to strengthen American competitiveness abroad. There are 27 countries that require support from an export credit agency before they will even consider a bid from an international company. When Congress allowed Ex-Im’s authority to expire in 2015, General Electric announced that it was forced to move 500 jobs to France as a direct result of lost export credit agency support, as 80 percent of its total sales for aviation-related turbines came from those 27 countries over the past three years. Many of the commercial aircraft deals awarded to Airbus, in contrast, benefitted from France’s export credit agency.”

Click here to read view the full op-ed.