Airlines to support export-credit plan

Dublin: Ryanair, Emirates and eight other airlines said they will support the extension of export-credit support to carriers barred from receiving it, provided the guarantees aren’t curbed or made more costly.

The airlines, which include Korean Air Lines and Abu Dhabi-based Etihad Airways, said there must be no increase in fees, no limit on the amount of credit extended to any one airline and no reduction in the proportion of the cost of an aircraft that can be financed.