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Ex-Im Bank underwrites PIA’s purchase of Boeing 777 planes

Ex-Im Bank underwrites PIA’s purchase of Boeing 777 planes

   The U.S. Export-Import Bank has agreed to underwrite the purchase of three Boeing 777 jets for Pakistan International Airlines.

   The Ex-Im Bank will also support PIA’s purchase of spare General Electric engines, and has agreed in principle to support the airline with buying five additional Boeing planes.