TAAG Angola Airlines gets economy boost from EXIM

The Export-Import Bank of the United States’ (EXIM) Board of Directors has approved a transaction to export Boeing aircraft and spare propulsion equipment to Angola.

Image: TAAG Angola Airlines

The final commitment of nearly $297 million for TAAG Angola Airlines will support the export of Boeing 787-10 passenger aircraft and General Electric Aerospace spare engines.

“With nearly 1,400 jobs supported across the United States through this transaction, EXIM continues to fulfil its mandate to support jobs through exports,” said Acting President and Chairman James Cruse. “With this approval, we are supporting the nation’s economic security while bolstering Angola’s economy through the export of these aircraft and engines.”