A large issue in regards to export/import banks is related to aviation. Boeing is one of the biggest advocates for this, and stating that "for 2012, Boeing Capital estimates that commercial aircraft financing will exceed $100 billion This shows that there is a return to US companies like Boeing. Manufacturing companies clearly are going to benefit by the ability to move more of their aircraft at lower interest rates of foreign carriers and, in that sense, Ex Im is a good program.
On the other side of the coin, however, is the long term effect. This is what worries me, personally. Because of the lower interest rates the foreign companies potentially may have the ability to charge far lower fares in the future. Currently, the location of most of hone foreign companies may not be much of a finical threat to the US companies but if over the course of time those foreign companies take the money they are save it relocate and start to provide the US with a lot of domestic flight services within the US the US companies may not be able to keep up. This could cause some US carriers to go under in the future. I also wonder how the cultural or potential regulatory differences would effect the safety around aviation should foreign carriers become the leading form of US domestic travel. Currently, the US is the leader in Commercial Aviation. While that is not a in jeopardy currently, I can't help but wonder what is to some.
