Pilot Group Rips $3B Ex-Im Loan To Air India

Law360, New York (February 2, 2012, 6:19 PM EST) -- The Air Line Pilots Association International asked a Washington federal judge Wednesday to grant summary judgment in a suit seeking to bar the Export-Import Bank of the U.S. from making $3.4 billion in loans to financially troubled Air India Ltd., saying the loans would be harmful to employment in the U.S. airline industry.

Two weeks after Airlines for America — formerly known as the Air Transport Association — the original plaintiff, was denied an injunction looking to block the delivery of a fleet of planes to...
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