Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

The board of the U.S. Export-Import Bank (Ex-Im Bank) authorized a $500 million direct-loan facility to provide funds to assist Textron in financing exports from subsidiaries Cessna Aircraft and Bell Helicopter. The available capital will enable Textron to continue to provide financing to international customers that take delivery of new Cessna and Bell aircraft by December next year. Ex-Im Bank funding is needed because Textron Financial (TFC) has been unable to finance with funds raised in the capital markets as it has in the past. TFC will be the ultimate source of repayment for the Ex-Im Bank facility and will retain the credit risk of the international buyers.

Cessna, Bell Get Export Financing Help

The board of the U.S.

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