Boeing, the world's largest aircraft maker, has come to the defence of Gulf airlines, saying European carriers have "overdramatised" the issue of export credits.
Western airlines have called for their governments to limit the amount of financing available to their rivals in the Middle East after a deep recession for the global airline industry.
"I think the whole US Ex-Im [Export-Import] Bank issue has been overdramatised by some of the carriers," Marty Bentrott, the regional vice president of sales at Boeing, said during a visit to Dubai yesterday.
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