May 15, 2012 - Capt. Lee Moak, president of the Air Line Pilots Association, Int’l (ALPA), issued the following statement today regarding the U.S. Senate’s passage of important reforms to help ensure U.S. industry and workers are not harmed by the Bank’s financing in the reauthorization of the Export-Import Bank of the United States.

“Today’s passage by the U.S. Senate of reauthorization for the Export–Import Bank of the United States advances critical reforms to help stop the Bank from using U.S. taxpayers’ money to subsidize state-backed foreign airlines, providing them with an unfair competitive advantage against U.S. airlines that undermines U.S. airline industry jobs. The language in the reauthorization passed today by the Senate moves toward leveling the playing field for U.S. airlines in the global marketplace, fosters U.S. manufacturing, and protects U.S. workers’ jobs. ALPA will continue to fully engage in this issue, and we call on President Obama to swiftly sign this bill into law.”